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marketdiverfx
May 14, 2018 5:42 AM

cadjpy 12H Short

Canadian Dollar/Japanese YenFXCM

Description

Coming off of long-term reversal structure, a double broken and re-entered forming trap to the downside.

Trade closed manually

Out for .5R because price broke the high of previous candles body with strength, it's a no go for me.

Trade closed manually

Out for -.5R

Trade active

Back in short, didn't blast thru previous top of wick, finding stability. See what happens.

Trade active

6 inside bars and nothing is happening.

Trade closed: stop reached

cadjpy finally made a move.
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