CADJPY Short Trade
Price has been trending to the upside, following a very clear parallel channel.
Price is now reaching its exhaustion phase and we can see bearish rejection candles forming at the resistance zone.
Stops well above the channel, which if triggered will invalidate this trade and a long opportunity will be assessed.
1% captial risk and 6% potential returns.
Price is now reaching its exhaustion phase and we can see bearish rejection candles forming at the resistance zone.
Stops well above the channel, which if triggered will invalidate this trade and a long opportunity will be assessed.
1% captial risk and 6% potential returns.
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