CADJPY - D - SHORT

By Bastosai
Updated
Dear traders,

Here is a new SHORT signal on CADJPY :
Entry : 89.770
SL : 91.548
TP1 : 87.556
TP2 : 86.292
TP3 : 85.028

Reasons for this short: Based on daily TF, I see broken TDI, PAC and under RSI50 and MA. It should be legit to TP1. SL is quite large so we could have enough room for contrarian PA.

Trade with your own diligence,
GL HF
Comment
For now pair is consolidating.
snapshot

To be clear, we have a long opened weeks ago that hit TP1 and we have this short now.
CADJPY - D - LONG

I'm more inclined for the short at this PA behavior. Let's see TDI beginning of next week.
Comment
Closed 30%@TP1. SLbe
Comment
Keeping this trade open, as I see continuation of downtrend for following days/week.
snapshot
Trade closed manually
SLbe hit!
Beyond Technical AnalysisCADJPYChart PatternsshortTMSTrend Analysis
Bastosai

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