CAD/JPY rejected the trendline and support levels (indicated in chart). It is currently in a corrective wave/pattern. It looks like we are currently in wave 2, expecting to see Wave 3 begin soon.
Trade active:
Buy Trade Open. Correction structure breakout. 1% risk.
Trade closed: stop reached:
Fakeout
Comment:
Not a fakeout, it was a trendline retest.