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ng_forex

SELL CADJPY!!!

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
ng_forex Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis CADJPY cadjpyshort cadjpylong cadjpyanalysis cadjpysell cadjpybuy cadjpyidea cadjpytrade cadjpyforecast
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trendanalysis chartpattern beyondta cadjpy cadjpyshort cadjpylong cadjpyanalysis cadjpysell cadjpybuy cadjpyidea cadjpytrade cadjpyforecast
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 !!!!
Comment:
Book some profit here!! And do not add any short :)
Comment:
There is strong confluence here prices may bounce up!!! :)
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