CAD/JPY - 23/02/2021
Good morning traders, hope you are all having a fantastic morning. Just recently entered my first position for the day.
(H1) - Mini structure break and retest in between the current high and low. Should see continued bullish momentum as we have just recently come off a strong double bottom.
(M30) - Nice strong rejection coming into the key level followed by a bullish momentum with a wick rejection too. As soon as the candle opened price began to fall so I set a buy stop to catch the momentum coming back up.
Currently sat around breakeven/ slight loss will see if price continues to hold this level.
(H1) - Mini structure break and retest in between the current high and low. Should see continued bullish momentum as we have just recently come off a strong double bottom.
(M30) - Nice strong rejection coming into the key level followed by a bullish momentum with a wick rejection too. As soon as the candle opened price began to fall so I set a buy stop to catch the momentum coming back up.
Currently sat around breakeven/ slight loss will see if price continues to hold this level.
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