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UnknownUnicorn493766

STOP/ENTRY/TP - CADJPY - SHORT - ( 2% )

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
UnknownUnicorn493766 Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Support and Resistance Candlestick Analysis
19
0
supportandresistance candlestick
Re testing the 4 hour 50 EMA as resistance.

Below the 1 hour 50 EMA.

Break down lower of most recent 1 hour candle.

Making lower highs.

BEAR MACD in play.

Looking for 2% ...



Comment:
I don't think i could have gotten a more wrong bias... Japan in recession, probably should of factored that in. Wasted effort on my drawing above. I feel the effort that went into it deserved the trade to work out. Oh well. Thanks for the likes anyway.
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