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DessyBanksFx
Aug 8, 2021 7:46 PM

CADJPY Short Idea Short

Canadian Dollar/Japanese YenFXCM

Description

CADJPY failed to break through resistance and it also closed in the daily timeframe as a bearish pin bar. Also, in the weekly timeframe there's some sort of head and shoulders formation. Overall trend is bearish in the daily timeframe. If you are taking this trade, try not to risk more than 2% of your account. Good luck and have a successful trading week.
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