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
Follow for Free Entry Signals on this trade and others from Professional 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
Follow for Free Entry Signals on this trade and others from Professional Traders.
Note
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 closed: target reached
TARGET 1 HIT SUCCESSFULLY. PTOFIT: +5.1R
Follow for FREE Signals from a team of Professional Traders
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Follow for FREE Signals from a team of Professional Traders
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.