Canadian Dollar / Japanese Yen
Long
Updated

CADJPY - Long Trade

78
Price swept liquidity, made a false breakout of the 1D swing, and closed above.

After that, we have a break in market structure, which shows us sign of strength on key level.

That's why there's a higher probability of seeing prices higher at FTA (first trouble area) as next liquidity level.

Keep it simple and consistent!
Trade active
Little bit late with idea, but took this position
Trade closed: target reached
snapshot

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