CADJPY H4
We applied our higher timeframe principles to the lower timeframe (H1) chart to follow and structure break, retest and continuation up to the next whole number price (86.00) which quantified nicely at 1:3.
Scoping out, really would like to see a H4 support retest, to stop us getting lured into what is going on too much in the lower timeframe. 85.000 whole number support could be a good price to position ourselves long.
We applied our higher timeframe principles to the lower timeframe (H1) chart to follow and structure break, retest and continuation up to the next whole number price (86.00) which quantified nicely at 1:3.
Scoping out, really would like to see a H4 support retest, to stop us getting lured into what is going on too much in the lower timeframe. 85.000 whole number support could be a good price to position ourselves long.
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FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: www.instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com