Canadian Dollar / Japanese Yen
Long
Updated

Descending channel - Buy

Trend - Short
Nature - Corrective phase
Pattern - Descending channel
Risk : Reward - 1:2
SL - 20 pips

Descending channel is a reversal pattern suggesting a bullish move soon
Trade closed manually
Missed entering the trade by few pips.
It is what it is. All part of the game.

Point to note is price did go in our forecasted direction.

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