Potential Short opportunity for CadJpy ??
The CadJpy has been very bearish (down-swing) from 2/Feb until 19/March and price started to retrace since then.
85.92 - 85.21 is the key area of resistance, which is also the 50% - 61.8% fibonacci area.
I am looking for a sell if price can break yesterday candle's low.
My position :
Entry : 84.85
SL : 87.55
TP : 80.80
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
85.92 - 85.21 is the key area of resistance, which is also the 50% - 61.8% fibonacci area.
I am looking for a sell if price can break yesterday candle's low.
My position :
Entry : 84.85
SL : 87.55
TP : 80.80
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
Order cancelled:
Cancelled my orders but will definitely keep an eye to Short when the price come lower.