CADJPY POTENTIAL BUY ON 4H CHART
IF PRICE BREAKS 83.339 LEVEL THEN LOOK FOR BUY ORDER. STOP LOSS SET AT 83.071. TP SET AT PREVIOUS HIGH AT 83.83. POTENTIAL R:R = 1.5.
REASONS TO ENTER:
+) PRICE IS AT THE STRONG DEMAND ZONE
+) PRICE IS ABOVE THE 100EMA LINE
+) AN INSIDE BAR APPEARED
CONTROL RISK PER TRADE BELOW 2% OF THE ACCOUNT SIZE
IF THE PRICE MOVES UP, TAKE 50% PROFIT AT RR=1 THEN MOVE STOP LOSS TO THE ENTRY LEVEL AND LET THE OTHER 50% RUN
REASONS TO ENTER:
+) PRICE IS AT THE STRONG DEMAND ZONE
+) PRICE IS ABOVE THE 100EMA LINE
+) AN INSIDE BAR APPEARED
CONTROL RISK PER TRADE BELOW 2% OF THE ACCOUNT SIZE
IF THE PRICE MOVES UP, TAKE 50% PROFIT AT RR=1 THEN MOVE STOP LOSS TO THE ENTRY LEVEL AND LET THE OTHER 50% RUN
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