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Shortselling

23-4-17 CADJPY short too 80.3180 key levelMarked all the important levels on the chart. Price broke trough the counter trendline, the CAD CPI news release came out negative (means positive for this trade idea). I on the break of the counter trendline after the trendline, but now makes a new swing, nice double top rejection, breaks the lows of the swing with a significant bearish candle. Stop above the swing, and target just above the 80.318 level as marked on the chart.
Short
by VanSteenMarketResearch
EURAUD Short IdeaHello Traders, Today we will share with you guys the EUR/AUD as it seems to show downwards pressure towards 1.38, before breaking the 1.389 resistance zone. It currently flirts with major resistance level. We will be entering a short call at 1.388 to head at least to 1.3825. Risk/Reward: ~2.1 Notice if the market closes hourly above 1.3905 this setup will be diminished. As always, trading is a probability game nobody is 100% right and always use a stop-loss when trading. Trade with care. Cheers, Secrets2Trade
Short
by secrets2trade