Intraday/Daytrade SHORT for CADJPY - Selling pressure

The downtrend momentum is clearly carrying on from ysterday and all this week. After a successful trade i had on this pair which was played on the 4hr chart (attached in the linked ideas), this is simply the same continuation play and based off the same rationale.

Expected Target 94.30
1hr4hrCADJPYcanadacanadiancanadiandollarcurrencyDaily ChartsDAYdaytradedaytradingdowndowntrendForexforextradingfxjapanJPlooneylooniemoneyPIPpipsPROprobabilityprofessionalismprofitprofitabilityprofitsprojectionsellingselllshortswingswingingswingsswingshortswing-tradeswingtradeswingtradingtrendtrendcontinuationtrendfollowingTrend Linestrendstrendtradingtrendyprofitsyen

Related publications

Disclaimer