CADJPY Short
Price has pulled back to this 72% retracement area in this current down trend. There is already 1 strong rejection from this area so I looked for price action. We have a fakeout above the previous high on the 5 and 15 min charts. I entered a sell and we will hold trusting the analysis and confirmations of this trade. Good luck!
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.