CADJPY - Short
Updated
Price momentum - down
Price level - Uptrend line breakout
Price level - Uptrend line breakout
Trade active
Add in some more reasons for decision to short.1. RSI weakening.
2. Price structure - violated uptrend line built from Mar 18.
3. 20EMA crossed below 50EMA. (NEW)
4. Price closed below 200EMA. (NEW)
No know sure thing. Trade with probabilities. Cheers!
Trade closed manually
Closed with loss as mistake made. Uptrend line not violated instead it is still within an uptrend support area.
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