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UnknownUnicorn772665

CADJPY Short Trade *TRENDLINE BREAK*

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Kanadensisk dollar/Japanska yen (FX:CADJPY)  
UnknownUnicorn772665 Uppdaterad   
FX:CADJPY   Kanadensisk dollar/Japanska yen
Trend Analysis Chart Patterns Wave Analysis CADJPY CAD jpy shorttrade
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trendanalysis chartpattern waveanalysis cadjpy cad jpy shorttrade
Nice TL break and rejections of the daily pivot level form below. We have a lower high forming and I am confident price will now make it's way back down to near term support at 75.500

Nice R:R of 4:1 and stop loss conservative above the current wicks.
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Nice bearish momentum now. Lower highs and lower lows made on the 1hr timeframe. This should reach TP this week.
Kommentera:
TP1 almost reached. I believe CADJPY can go to 75.00 next quite easily
Trade stängt: målet nått:
Profits taken at TP1, waiting for 75.00 next and will hold until further notice. Thanks :)

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