How To Trade Yen Pair With Ascending Triangle (CADJPY)
Price closed above 90.334. Now, wait for a price action signal at 90.334.
First price action signal is engulfing candlestick. Enter at 90.505.
Second price action signal is engulfing candlestick. Enter at 90.538. Set Take Profit at 91.185. Set Stop Loss at 90.312.
The Reward:Risk Ratio is 2.86.
Note: The EMA 10, EMA 20, and Trend Line have a positive slope. The higher low touches the Horizontal Support, EMA 10 Support, EMA 20 Support, and Trend Line Support.
First price action signal is engulfing candlestick. Enter at 90.505.
Second price action signal is engulfing candlestick. Enter at 90.538. Set Take Profit at 91.185. Set Stop Loss at 90.312.
Note: The EMA 10, EMA 20, and Trend Line have a positive slope. The higher low touches the Horizontal Support, EMA 10 Support, EMA 20 Support, and Trend Line Support.