Short trade set up on CADJPY.
Bullish trendline is broken.
Lower highs forming on this timeframe.
Looking to trade this pair down to the bullish daily trendline before going long.
Bullish trendline is broken.
Lower highs forming on this timeframe.
Looking to trade this pair down to the bullish daily trendline before going long.
Trade active
Entry price at 83.200 after the wick rejection of 1hr 50EMANote
Easy peasy. CAD data gave this trade a nice quick boostNote
Taken 80% profit, letting the rest run to target.Trade closed: target reached
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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.