Hi guys,
this is a key level to watch for cadjpy.
Wait a daily close outside the ctl before shorting. If the daily candle close is a Marubozu, put a sell stop order few pips below candle's low.
Happy trading!
this is a key level to watch for cadjpy.
Wait a daily close outside the ctl before shorting. If the daily candle close is a Marubozu, put a sell stop order few pips below candle's low.
Happy trading!
Trade active
daily close below ctl -> short position triggered:Note
everything under control:Trade closed: target reached
I closed a few pips above target, trade closed.Happy trading!
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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.