Livernomore

Bounce off resistance (Long!!)

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
Base on the resistance draw, there are strong buyers who are at the buying zone near the resistance line. Potential bounce off from the potential line to the TP1 zone.

Consider TP 2 : only when there is a clear signal bounce off from TP1 . Consider using candle bar pattern and other indicators to help you along with the trade.

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