CADJPY Sell Idea
Updated
D1 - Price is moving inside the range.
We can go short as long as last high (83.60) holds.
Sell will trigger once a breakout below last low (82.57) happens.
Protection above 83.00. .
Invalidation - if price breaks above last high around 83.00 before we get triggered this setup will be invalidated and we will look for another opportunity to join.
We can go short as long as last high (83.60) holds.
Sell will trigger once a breakout below last low (82.57) happens.
Protection above 83.00. .
Invalidation - if price breaks above last high around 83.00 before we get triggered this setup will be invalidated and we will look for another opportunity to join.
Note
Target 1 - Risk Reward 1:2Target 2 - Bottom of the D1 range.
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