CADJPY SHORT

By Cavicon
Updated
Market has been in range for sometime now. On a 30 minutes time frame, price has broken a major resistance level and my RSI(14) is indicating the market has been overbought. Confirmation to go short is when RSI comes back to break it's 70 level support zone. Be smart with your stop loss and take profit folks.
Trade closed: stop reached
The trade idea was invalid
30minBeyond Technical AnalysisCADJPYcadjpyshortTechnical IndicatorsTrend Analysis
Cavicon

Disclaimer