Why are we entering?
- Expecting JPY strength and CAD weakness = CADJPY LONG
What is our confirmation?
- break of WFB
Entry
- Safe entry: break of WFB
- Risk entry: break of risk trendline on lower timeframe for wave 5
Once entered, where will our Stoploss be?
- above price after break of WFB
Where do we take profits?
- First TP: 98 (300pips)
- Second TP: 95.5 (530pips)
- Expecting JPY strength and CAD weakness = CADJPY LONG
What is our confirmation?
- break of WFB
Entry
- Safe entry: break of WFB
- Risk entry: break of risk trendline on lower timeframe for wave 5
Once entered, where will our Stoploss be?
- above price after break of WFB
Where do we take profits?
- First TP: 98 (300pips)
- Second TP: 95.5 (530pips)
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