Forex Price Action Baby, No Technicals or Fundamentals…Trade #6 – Bought CAD/JPY (2/21/19)

10,000 Ft View – 4 Hr Chart

Zooming In

What I love about this trade set-up is price has been making higher highers and higher lows.

And the zone I selected, price took out the two pivot highs to the left.

Last night I was stopped out by a tick…probably the spread took me out, before price reversed and eventually moved higher. The below chart shows the price action on the 1 min chart.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

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