POTENTIAL CADJPY SHORT THEN LONG SETUP
Updated
Trade Setup: continuation setting up for a reversal
Entry Time Frame: 1H
Confirmation: B on 30 with D for short. SBD on 1H for long
Risk/Reward Ratio (RRR): 3 for short. 4-7 for long.
Upcoming High-Impact News: ADP news for CAD in 4 hours. Retail sales for USD in 4 hours.
Level of confidence: 55% for short. 65% for long
Day & Session Spotted: Thursday-LODN
PS. Been very sick Yesterday. A little bit better today.
Entry Time Frame: 1H
Confirmation: B on 30 with D for short. SBD on 1H for long
Risk/Reward Ratio (RRR): 3 for short. 4-7 for long.
Upcoming High-Impact News: ADP news for CAD in 4 hours. Retail sales for USD in 4 hours.
Level of confidence: 55% for short. 65% for long
Day & Session Spotted: Thursday-LODN
PS. Been very sick Yesterday. A little bit better today.
Trade active
Already have a scalp position for short active.Note
If the short does not move hit TP nor the SL, will probably exit this short position before the CAD news coming in the next 20 mins.Trade closed manually
Late update. Very good call to exit just before the CAD news (ADP) release last night. Exit was on small profit at 86.500 just before the News release which did a liquidity run on the recent high then flushed to the buy zone I mapped out. I did the exit in my phone, decided to not enter for the long setup and went to bed after, thus the late update.
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