I see a noce setup that CAD may to develop a drop incoming.
This it's the H4 timeframe wgat i expect in this trade.
Stop Loss in $98.33 JPY and take profir to $96.12 JPY. Entry in the market price
Good luck
Trade closed: stop reached
Ok, in this trade I was in the right direction, but that movement was lead by fundamental news about the Canada employment that become bullish and strong for Canada currency, and maybe, the techical analsyis it's spoke us that going to bearish when I was shorting CAD/JPY. i see another pars XXX/JPY except CAD/JPY and CAD/CHF that suppose to came bearish, but the fundamental analysis drive Canada currency to bullish.
But well, this could be another less clue that I dont be pending the fundamental nalaysis in this Friday when CAD/JPY formign a strong bearish candlestick and forone moment become bullish by this news.
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