Hi guys im relatively new to trading 2 weeks into it. I think ive found a good signal on the CAD/JPY daily chart.
Market is approaching a key support level and is being squeezed by the downward trend. I have set a buy order at 77.000 in case theres a bullish breakout.
Am i doing the right thing? Or would you read the chart differently?
Any help greatly appreciated.
Market is approaching a key support level and is being squeezed by the downward trend. I have set a buy order at 77.000 in case theres a bullish breakout.
Am i doing the right thing? Or would you read the chart differently?
Any help greatly appreciated.
