Hi, as you can see CADJPY broke the trendline with really strong impulse and now its' making 1h flag above that trendline. The bigger picture looks upside, and that's the reason why I want to buy this pair. It could be a long term trade. On the picture you can see one green line and red line. That's my entry order and stop loss level.
TIP: I want to trade only fast impulse, so if we are in the buy and after 3-4 hour CADJPY doesn't go anywhere i will close it.
Make the bank rolls! :D
If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you!
Thank you for your support!
All the best,
Antonio
TIP: I want to trade only fast impulse, so if we are in the buy and after 3-4 hour CADJPY doesn't go anywhere i will close it.
Make the bank rolls! :D
If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you!
Thank you for your support!
All the best,
Antonio
Note
Daily viewTrade active
Trade closed manually
I will show you how i manage this one for BE trade. Green lines is my entry, red one is stop loss and blue arrow is where i closed my trade. Take a look and learn something.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.