The Cad/Jpy pair had broken the 200sma SurpriseBox on the 8 hour chart to the upside. Stop was set to be either at 80.0 or 81.0 according to my risk tolerance. Stop was triggered with a loss.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
