+1043 Points Profit Reached Successfully in CAD/JPY Buy signal

CAD/JPY Analysis : 

CAD/JPY was moving in a downtrend range for long time in H1 Chart.

Yesterday, Breakout has happened and now market re-tested the breakout level and starts to move up with Buyers Pressure.

After the confirmation of Upward movement CAD/JPY Buy signal is given to the members.

CAD/JPY reached the Take Profit Target Successfully.

If you are interested to receive more forex signals and analysis, you can subscribe to premium or supreme service here : forexgdp.com/forex-signals

Education Notes :

Why Re-testing the Breakout Level is more important ?

After market Breakout from the range, As per our breakout strategy, If market again Re-tested the previous Breakout level and starts to bounce back, then we can expect big and sharp movements from that Breakout level. This is what happened in this CAD/JPY Buy Signal. 

Thank you.
Regards,
Forexgdp Team.

instagram Follow on Instagram
YouTube Watch on Youtube
Blog Check our Blog
Facebook Become a fan on Facebook

Leave a Reply

Your email address will not be published. Required fields are marked *

Optimization WordPress Plugins & Solutions by W3 EDGE