I can see the top of Mount Logan. CAD/JPY => Long

Price bounced on the Trendline rised a bit and now we are waiting for retrace to the Trendline, or at least near it. Great entry point for long would be within the "Green Box". Price then most likely will rise to at least Weekly-Fibo 38,2 (Swing High to Swing Low) which is a strong resistance level. Furthermore, price possibly will turn when it reaches the red resistance level which is above the Weekly Fibo level. Maybe we will start climbing Mount Fuji as well. GL PPL.

Handel aktiv:

Didn't make it back to the trendline but it started rising on a good level were RnR ratio should be just fine.

Handel aktiv:

First Target reached.

Trade stängt: målet nått