CAD/JPY For Bullish after confirm Break Of Structure of H1you can go long now
or
wait for break current Higher high of Lower time Frame (H1) and retest to go long @ Green Arrow
or
wait price to back to cover Fair Value Gap (yellow area) and go long after that
- General Trend is Up Trend
- JPY is Weak
- Higher Time Frame will be H4 , lower timer Frame will be H1 or 15M
- we saw Change of Character of the lower Timer Frame (h1) @ Red Arrow after that price make perfect pull back @ Blue Arrow so we will wait for Break of Structure @ Green Arrow to go long and take any target
- if price fail to break the current resistance at Green Arrow it may be make pull back to cover the Fair Value Gap and Go Up Again
have Fun :)