BenCheungFx

CAD/JPY SHORT - 4H Chart

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Similarly to my recent AUD/JPY setup, price has retested a key handle on 4H and the last candle close has passed over 50% of the previous candle body making it a good confirmation for a continuation to major support as shown in analysis.

As I always say, these setups are purely setups and you should not enter unless you fully understand the chart and are able to find solid entry points for yourself to ensure that you are able to maximize your risk reward ratio and minimize your risk.

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