Chance to get short on CAD/JPY 1hr chart
We have had the double top confirmed by the break if structure with bearish divergence and have now retraced back up into that structure level giving us a chance for a short entry with a good risk/reward ratio
Entry is at 78.66
Stops are at 79.17
Target 1 is at 78.00
Target 2 is at 77.40
Entry is at 78.66
Stops are at 79.17
Target 1 is at 78.00
Target 2 is at 77.40
Note
Target 1 hit for + 66.4 pipsStops rolled to break even for target 2
Trade closed: stop reached
Target 2 stopped out for break even
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.
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.