YourLazyTrader

Low Risk Sell set-up in CADJPY

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY is knocking at a familiar resistance zone again. If the resistance holds, it could be a good sell trade for the short-term.
We can definitely look for Sells at 83.85 area with a small SL above 84.00.
Trade active:
Sell trade executed at 83.846
SL:84.20
I will update TPs accordingly
Comment:
That's a decent 20 pip for a scalp trade.
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.