CADJPY Sell - continuation of the sell setup, with clean candle
This is an extended idea for the previous CADJPY setup. After a day of consolidation, the price is likely to keep falling. The clean bullish candle from NFP suggests a lack of significant support, so we expect the price to drop to the 96.60 area or lower.
However, this is a risky trade, so please manage your position size carefully.
Please note, do not enter the trade unless the price reaches the entry line.
However, this is a risky trade, so please manage your position size carefully.
Please note, do not enter the trade unless the price reaches the entry line.
Trade closed manually:
Closed at the entry.
Trade active:
reentered.
Comment:
I closed this with a small profit and let USDJPY run:
