CAD/JPY- Short reversal
Updated
Hello,
Today we can see that on Friday CAD/JPY formed a perfect indecision candle on daily at resistance.
We're waiting for a sell trigger at 87.722 with the stop loss at 88.454.
This is also looking like an H&S started since the start of march. (Not that I trade head and shoulders independently )
Over the next few days we should have our answer. I will only be risking 0.25% on this trade as I have EUR/CAD already open.
Today we can see that on Friday CAD/JPY formed a perfect indecision candle on daily at resistance.
We're waiting for a sell trigger at 87.722 with the stop loss at 88.454.
This is also looking like an H&S started since the start of march. (Not that I trade head and shoulders independently )
Over the next few days we should have our answer. I will only be risking 0.25% on this trade as I have EUR/CAD already open.
Trade closed: target reached
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