CADJPY: Short for downtrend continuation

Entering shorts here is wise (I'm already in but had a delay posting the idea).
You can still get in with stops above today's high + 1 tick, risking 0.5-1% on the position.

Good luck!

Ivan Labrie.

Kommentera:

Looks solid. You can see why I was in a hurry to post it...

Trade stängt manuellt:

You can cover the position here and switch to USDCAD longs, risking 1-3 times the ATR value.

Kommentera:

Time to close USDCAD long if in.