SHORT ON CAD/JPY

86
Price is currently at a major resistance area, and has formed a double/tipple top
it has also broken the uptrend line on the 1hr time frame.

Macd golden cross has already happened and price has not been able to break above resistance and sustain.

Play I will be taking on this pair:
P = 97.962
SL = 99.550 - 160 PIPS
TP = 91.634 - 631 PIPS

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.