+440 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 Our Take Profit Target 1 Successfully. We are expecting CAD/JPY to reach Target 2 and 3 soon.

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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.

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