Reason for Buying CAD/JPY :
CAD/JPY was moving between the ranges in H1 Chart.
Breakout happened at the top level of the range.
After breakout, market came down again, re-tested previous breakout level and starts to move up.
After all confirmations, 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 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 Market.
Save your Money, Energy, Time on Analyzing the market. We are here to help you always.
Start to Learn, Trade Forex market in technical ways with the help of Forex Experts team.
Please do not trade forex market all the time, trade forex only at good opportunities available in the market.
Get more Good Opportunity Forex Trading Signals at “Premium” (or) “Supreme” Signal Plan. Join here now: forexgdp.com/forex-signals
If you are interested to learn our forex trading techniques, please click here to contact now.