SwissPips

CAD/JPY: Trading the breakout, check it out!

Short
SwissPips Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Simple Price action

This nice 4-day trend line broke and as you can see, CDV seems to confirm this move (zoom in to see it better).

I added a Fibonacci extension and you can see that the next possible target is at around 88.130 levels.

I am short, entered @ 88.520.

A 40-pip trade if it goes the right way!

Trade with care and show some ❤❤

Jesse
Comment:
Adding more to my shorts
Comment:
Re-testing the trend line, still in the trade
Comment:
There you go, nice rejection M5, adding to my shorts again
Trade closed manually:
Another scenario occurred, I closed the trade this morning
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