CADJPY had recently broken out of a descending channel and is currently re-testing this as well as the resistance level 80.67.
Last week we closed with strong bearish momentum which I feel will carry on to reach our target at 78.45.
I will be waiting for a daily close below 80.67 before entering short.
All tips/comments welcome, I will update this as the trade plays out.
Last week we closed with strong bearish momentum which I feel will carry on to reach our target at 78.45.
I will be waiting for a daily close below 80.67 before entering short.
All tips/comments welcome, I will update this as the trade plays out.
取消訂單:
Was a fakeout, price now back trading within the channel.
Looking for new set ups.
Trade was not entered as had no confirmation.
Looking for new set ups.
Trade was not entered as had no confirmation.
Price action still bearish.