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glennmercer

CADJPY 1H Short: Daily EMA Rejection to AB=CD and TL Retest

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
glennmercer Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY 1h retest fib Weekly Pivots Pivot Points s2 Moving Averages rejection glennmercer gmercerfx macluster
8
0
cadjpy 1h retest fib weeklypivots pivotpoints s2 movingaverage rejection glennmercer gmercerfx macluster
The pair has shown rejection at the Daily EMA cluster which will protect a SL above this level. It has also already tested its average daily range and may retest the trendline. TP at retest or AB=CD with SL above the EMA cluster.
Trade active
Trade closed: target reached:
+65 pips

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