Trade Ideas Positions: CADJPY ABCD

A bullish ABCD setup near the important immediate support, if a break and close below the support traders can wait for the major support level before having your trade planned.

One of the two to happen for me to engage the trade.
1. touch the blue line but not closing below it;
2. touch the tip of the blue box also known as the PRZ(Potential Reversal Zone) and retrace back down to the candle body to engage the trade.

The decision of this trade will be shared with my subscribers

Сделка активна:

Trade hit protective stops at 75.60 (+23pips)
Trade re-entered at 75.23

Сделка активна:

Target1 reached 76.54(+131)