Descending channel - Buy

FX:CADJPY   Canadian Dollar / Japanese Yen
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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