A Potential Short Availability for CADJPY.
IDEA: Chart Pattern------- Bearish Flag Breakdown
Retest of Trend line as new resistance
Confirmation: Bearish Engulfing After retest
Targets 1 @ 83.665
2 @ 82.500
3 @ 80.547
Stop Loss @ 85.270
This position looks too ambitious, however anything is possible... Lets roll and apply proper risk management and enjoy. if the market proves us wrong, we get out of the position... Updates will follow as trade develops.....
IDEA: Chart Pattern------- Bearish Flag Breakdown
Retest of Trend line as new resistance
Confirmation: Bearish Engulfing After retest
Targets 1 @ 83.665
2 @ 82.500
3 @ 80.547
Stop Loss @ 85.270
This position looks too ambitious, however anything is possible... Lets roll and apply proper risk management and enjoy. if the market proves us wrong, we get out of the position... Updates will follow as trade develops.....
Trade active
Trade entered @ 84.804Trade active
Stop Loss moved to 84.308Trade active
First Target @ 83.665 achieved...Second trade scaled in @ 83.801
Trade active
Second Target achieved @ 82.500Trade closed: target reached
Trade closed... All targets reached
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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.
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.