CADJPY is set to reverse to 83.400 zone coming off the strong support and the formation of the bullish Cypher pattern. RSI is oversold in both 1 and 4H timeframes and its at the bottom of the Daily timeframe.
This trade looks promising for swing traders with good risk to reward ratio.
This trade looks promising for swing traders with good risk to reward ratio.
Commento:
Our SL was hit and we had to enter again from the 81.8400 price range and keep buying.