CADJPY - POSSIBLE SHORT

Jun 8, 2022

CADJPY is reaching resistance - this is where the sellers were.
It has acheived an ABCD pattern (green).
At the moment the price action is still too bullish but it's time to keep an eye on it.....

Jun 8, 2022

Note

Here it is on the daily...

Jun 9, 2022

Note

We have some selling.
The blue line is the breakout.
We could look at going short on the retest of this breakout.
Remember we are now on the 4hr chart...

Jun 9, 2022

Note

The Daily...

Jun 9, 2022

Note

Our first attempt...

Jun 13, 2022

Trade active

Our target is fast approaching. This has been a great trade.
Keep an eye on this...

Jun 16, 2022

Trade closed: target reached

SUCCESS!!!!