SELL CADJPY!!!
Updated
CADJPY has been on the bull run for the past 3 days. this may be the time that we can short this pair and close our longs in it.
It has strong resistance at this point. So, we will be taking a short if and only if prices close below this resistance level and follow the next day the downtrend.
So maybe tomorrow we will be taking the short for the target of 77.700 approx. It will be a short profit position because CADJPY is still bullish biased!!!
PS - If you have longs open then close it !!!!
FOLLOW US FOR MORE !!!!
It has strong resistance at this point. So, we will be taking a short if and only if prices close below this resistance level and follow the next day the downtrend.
So maybe tomorrow we will be taking the short for the target of 77.700 approx. It will be a short profit position because CADJPY is still bullish biased!!!
PS - If you have longs open then close it !!!!
FOLLOW US FOR MORE !!!!
Note
Book some profit here!! And do not add any short :)Note
There is strong confluence here prices may bounce up!!! :)
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.