Potential Short Opportunity for CADJPY
I like this trade in particular as it gives us quite a high probability for being correct. It is currently trying to break out of a horizontal support while following the general downtrend. Thus, i will open half a lot size (for aggressive traders) and the other half when it completes its breakout and sell on pullback. Also happy that it has a good risk-reward ratio
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.