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Cadjpyidea

CADJPY SHORT after Break of Supports AND Break of TrendlineHello to all wacthing my charts. Lets habe a look to CADJPY and of course its a Short Play. But how has that been established ? Where had it been the best level for a trade ? Look at my chart. 30.10. 14:00 GMT has been the date for start the trading short at that time the pair has broken 1) the RED Trendline and 2) 2 Support (Red parallel Lines) After that the fall has been increased very very quick. Now we are sittin on a support level but nobody nows whether that will hold or not. Next Support Level is 81.75 We have to watch whether that will hold and maxybe a start of a jump up But all of my channel systems are so short its not a time at the moment for thinking about Long Good trades If you want to support my work , please be so kind and like them - My posts are not and advice to buy or sell something always do your own research - Renkotrade ----------
Short
by Renkotrade