CADJPY Short - Bear Rally Into Cypher
I see a lot of momentum this morning as the Canadian dollar is losing strength and money flows into risk off assets like the yen. This pair has a propensity to continue downward, with conservative profit target at the completion of a cypher pattern on the larger timeframe. All levels on chart as always. Cheers
Trade active
Note
First target hit. Moving SL to breakevenTrade closed: target reached
Pair is losing momentum, not enough for me to hold to cypher, taking profit here. Cheers!
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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.