Canadian Dollar / Japanese Yen

Short

Updated

Sell CADJPY at daily resistance and structure play

Sell CADJPY Now
SL: 65 Pips
Tp1: 107 Pips
Tp2: 182 Pips

Note

snapshot

Price break previous low. Trade is doing well

Note

Watch out for the OIL data which will be announced in 30 minutes. You may reduce the risk exposure or simply make it break-even, your call.

Note

Price went down to 87.20 about 80 pips. Heading to our first target. It is safe to make it break-even trade and watch the level.

Note

Hit Tp1 for 107 pips. I am planning to trail the rest, all the way down to 83.55 which is daily fibonacci level.

Note

Up +160 pips. Still traling stops as mentioned.

Note

snapshot

Another lower low. We're up 208 pips, still holding our shorts and trailing down stops.

Also on:

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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.

Also on:

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.