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CADJPY | good range !

126
We considered two scenarios

1. For LONG, we wait for the blue range to be broken, then enter the position after the pullback

2. For SHORT, after a reaction or a bearish signal, we enter the blue range

I think the first scenario is more likely, because in this Trend I see that a lower LOW is not made
Dagangan aktif
Apparently it is breaking the blue range
We have to wait for it to pullback and then enter
Nota
Traders who rushed and SHORT, in the hope of a double top are now losing money
Dagangan aktif
In my opinion, it is now ready for a good upward movement
Nota
The fact that it could not make a new HIGH in 1H scares me
That's why I haven't entered yet

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