CADJPY SELL

48
Stop loss @ 92.330
Take profit @ 90.000


JPY index close to structure zone where i expect a bounce + strength during next week, specially in the first few days.
CAD index had a strong rejection off the trendline which also lines with the structure zone.
CADJPY also reached the highest point since its started consolidating ( 4 hourly time frame) and is now extremely oversold on the 4 hourly timeframe too.
1:9 rrr

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.