CADJPY - 5 Reasons For A Daytrade Sell!
Updated
Sell #CADJPY Plan
First Entry was at 88.51
Second Entry is pending order at 88.69
Stop is at 88.95
Target is at 88.15
I have 5 reasons to sell CADJPY for a daytrade.
1. Currency Strength Meter JPY is strong CAD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below/i]
First Entry was at 88.51
Second Entry is pending order at 88.69
Stop is at 88.95
Target is at 88.15
I have 5 reasons to sell CADJPY for a daytrade.
1. Currency Strength Meter JPY is strong CAD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below/i]
Trade closed: target reached
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