CADJPY trend continuation.
Nice and easy trade this. After a recent drop this pair pulled back and engulf with a bearish candle which suggest the downtrend continues. I have gone short on this and marked tp1 and sl for you as well. If it breaks the next support level which it should I believe, there are plenty of downside pips on the grab. Look out for the break after hitting tp1.
Let me know your thoughts.
Trade safe and enjoy.
Let me know your thoughts.
Trade safe and enjoy.
Trade closed: stop reached
Re entered from the topTrade closed: target reached
Closed with 90+ pips.
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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.