CADJPY / H1 / Daily Forex Technical Analysis / 9.6.2019

OANDA:CADJPY   Canadian Dollar / Japanese Yen
Hello Traders, welcome to the Daily Forex technical analysis . Today is September 6th , 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen . Looking at the 1 hour time frame we can see price action has attempted to reach its previous highs near the 81.1 region, but failed to make a higher high. We will be looking for an opportunity to find a short with optimal conditions to benefit from. Entry for a Short position near the 80.767 area, with a Stop Loss near the 81.072 region, to possibly ensure a profitable trade with a 1.71 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out