Hello,
Today we can see that on Friday CAD/JPY formed a perfect indecision candle on daily at resistance.
We're waiting for a sell trigger at 87.722 with the stop loss at 88.454.
This is also looking like an H&S started since the start of march. (Not that I trade head and shoulders independently )
Over the next few days we should have our answer. I will only be risking 0.25% on this trade as I have EUR/CAD already open.
Today we can see that on Friday CAD/JPY formed a perfect indecision candle on daily at resistance.
We're waiting for a sell trigger at 87.722 with the stop loss at 88.454.
This is also looking like an H&S started since the start of march. (Not that I trade head and shoulders independently )
Over the next few days we should have our answer. I will only be risking 0.25% on this trade as I have EUR/CAD already open.
Trade closed: target reached
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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.
Related publications
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.