CADJPY SHORT IDEA 26TH AUGUST 2022
Updated
We have seen a clear bearish movement from the daily time frame of the chart and we have seen a series of bearish candle movements previously from our last entry. The supply zone we are currently in have seen to hold price for some time now and we have shifted to the lowertime frames for extra confirmation and we have set out and entry and stoploss, if the markets decides to switch to the bearish mode from here will be looking at a RR of 1:150
UNDERCOVER TRADING!!!!!!
Note
If the price takes us out at the stoploss then it is evident price will surge higherTrade active
This trade is still active as I have not closed I will wait to see a clear candle break above the POITrade closed manually
Trade active
I have seen another entry and I wish to enter from there and ride the market downTrade active
Trade closed: stop reached
We wait for the next supply zone
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