possible buy on cadjpy

٢١ يونيو ٢٠٢١

we are seeing buy pressure on cadjpy after seeing buy pressure off our weekly zone and weekly uptrend, what we are going to look for on this pair before placing a trade is we need more separation from our weekly, exhaustion and entry confirmation at the weekly zone. the reason why we wait for the second injection of buy pressure is to protect us from stop hunts and give us better risk reward as we will be entering at the completion of exhaustion and not the completion of a push