CADJPY SELL BIAS

Hello Traders,

CADJPY is in retracement mode on the Daily timeframe. On Daily timeframe price has been rejected multiple times in the previous weeks, giving us a sell bias on the lower time frames with a good risk to reward of high probability.

We are waiting for a buyer retracement, which if satisfactory as per our rules will provide us with a good entry.

BIAS: SELL

Timeframes for high precision entry: 60/15

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Kommentera:

Price perfectly rejected from our Area Of Interest (AOI), all rules met for our short entry.

Our first Target is about to be hit.

Trade stängt: målet nått:

TARGET 1 HIT SUCCESSFULLY.

PTOFIT: +5.1R