CADJPY Short Trade Idea
Updated
This past week has been quite interesting with regards to how the yen ended off the week. Most XXXJPY pairs really soared during the last quarter of
the week. Here we have CJ which has been trapped in an extra extended corrective structure following a bearish impulse in June. I will be looking for
short opportunities comes Monday morning. The corrective structure appears to be complete I will be expecting an impulse move soon. Do let me know
what your thoughts are on this pair or if you'd love to share your analysis perspective do not hesitate to do so below. I published a CXY trade bias
possibility at the beginning of the week for guidance on how the CAD may perform going forward.
Targets:
-75.600
-75.000
-74.000
If you enjoy this post do let me know within the likes or comments sections. I hope you had a lovely trading week.
the week. Here we have CJ which has been trapped in an extra extended corrective structure following a bearish impulse in June. I will be looking for
short opportunities comes Monday morning. The corrective structure appears to be complete I will be expecting an impulse move soon. Do let me know
what your thoughts are on this pair or if you'd love to share your analysis perspective do not hesitate to do so below. I published a CXY trade bias
possibility at the beginning of the week for guidance on how the CAD may perform going forward.
Targets:
-75.600
-75.000
-74.000
If you enjoy this post do let me know within the likes or comments sections. I hope you had a lovely trading week.
Trade active
Trade closed: stop reached
Trade hit my SL
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