KVE
Short

CAD/JPY: Weekly bearish breakout of correction

FX_IDC:CADJPY   Canadian Dollar / Japanese Yen
68 0 3
Looking for the monthly bat completion, last push down and possible AB=CD ...?

I want to short this now based on the breakout, beginning of next week..., example setup on chart will be adjusted depending on the exact entry.

Possibly wait on a re-test or correction below the broken trendline to get a better entry or more confirmation.
SL at least above the high of the previous 1-2 days..., above the weekly breakout candle high is safer but less favourable R/R-wise, depends on one's risk-appetite or trading rules...
Trade active: Small short entered, will add if it goes well...
Trade closed: stop reached
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