I entered a short position on CAD/JPY following a strong confirmation signal around 107, where there is a Forex48 block, indicating a potential reversal zone for a short trade. I used this zone as my entry point just before the UK and US data releases. Currently, the trade is at breakeven after a strong impulse that almost hit my take profit. Please share your thoughts on this trade and any suggestions for improvement. Kind regards from Nicola, the CEO of Forex48 Trading Academy.
CADJPYeducationEURUSDForexFundamental AnalysisTechnical IndicatorsshortsignalstradeTrend AnalysisXAUUSD

🏆 Exclusive access to Signals, Strategies, and 1-1 Mentorship: forex-48.com/trading

📊 FREE Watchlist: forex-48.com/free-watchlist

📚 FREE Course: forex-48.com/free-education

🤑 FREE Signals & Setups: t.me/Forex48TradingAcademy
Also on:

Disclaimer