CadJpy Trade Idea
CJ was in a clean range before deciding to break to the upside where I was looking to get into longs. With price coming back down below the high and smaller time frames shifting we could expect price to retest the shift of structure and a level or resistance sitting at the previous high. If all goes well I'll be looking to get into some shorts with a 1:3rr. We'll see what happens.
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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.