CAD/JPY | Potential Short Setup on Watchlist

3 天前

Hello everyone, presenting a high-probability short setup on the CAD/JPY 1-hour timeframe.

The core of this idea is the recent, decisive break of a long-standing ascending trendline. This indicates that the bullish momentum has faded, and sellers may be taking control.

The Plan:
I am not entering the market immediately. Instead, I am waiting for the price to pull back into the entry zone defined by the 0.5 - 0.618 Fibonacci retracement levels (the "golden pocket").

This is a setup to add to your watchlist. I will post an update using the "Trading: active" status if and when the trade is triggered.

Trade Parameters:

• Entry Zone: ~105.75 - 105.85
  
• Stop Loss (SL): ~106.30 (Above the swing high)
  
• Take Profit (TP) Targets: Marked on the chart.
  

🛡️ Pro tips for this trade:
⚠️ Risk only 0.5~1% per trade.
📉 Secure profits at TP1 (50%) and go risk-free!

If you enjoy my charts, hit Boost🚀👍, share your views in the comments 🗨️, and let’s crush those markets! 💹✨

3 天前

交易進行

You can choose between CADJPY or NZDJPY. Don't take too many risks.

前天

交易結束：目標達成

🔥 UPDATE: TRADE CLOSED! TARGET HIT! 🔥

Our CAD/JPY Short setup successfully reached its TP_3 target! 🎯
A fantastic +2 R profit is now in the bag, achieving an impressive 1:2 Risk/Reward.

This was a classic trendline break and retest that played out beautifully. Thanks for following along!

If you banked profits with us on this one, hit Boost🚀👍 and share your thoughts in the comments! 🗨️
FOLLOW for more high-probability setups! 💹✨