CADJPY BUY IDEA. Resistance broken on 1hr timeframe

Price has retested the previous resistance level turned support after breaking above it on the weekly time frame.
You can look for possible buy entries on the 1 hr timeframe and trail your stop loss using the lows of the 20 period moving average.

Proposed trading plan for this CADJPY trade using the 1HR timeframe for my entry



Entry point: 81.940
Stop loss: 81.614
Take Profit: 88.00