+1248 Points Profit Reached Successfully in CAD/JPY Buy Signal

Reason for Buying CAD/JPY : 

CAD/JPY was moving between the ranges and forms a Triangle pattern.

After the confirmation of breakout from triangle pattern, CAD/JPY Buy Signal was given to the members.

CAD/JPY reached our Profit Target Successfully.

Education Notes :

Why Re-testing the Breakout Level is more important ?

After Market Breakout from the Triangle pattern range, If market Re-test 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 trade.

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Forexgdp Team.

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