The chart below illustrates the entry point, stop, and target profit. The entry candle is highlighted; however, I put in an entry order to go long at 96 -- i.e. near the bottom of that wick -- when we saw a hammer at that level three candles prior. I plan to move to breakeven if price reaches 97.50.
CAD/JPY" title="CAD/JPY" width="1279" height="674">
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