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Mas_Kahfi

CADJPY wait to SELL

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Mas_Kahfi Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis cadjpysell cadjpyshort reversalarea reversalpattern pivotline
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trendanalysis cadjpysell cadjpyshort reversalarea reversalpattern pivotline
The price is entering Resistance area, look at H4/D1 to see the Resistance area.
So, I choose to wait if the price will fail to break Resistance line, and then open SELL.

SL at 78.829
TP1: 78.050
TP2 below 77.500
TP3 76.800

Support and resistance, pivot line,
Comment:
The price was almost touched our SELL AREA (min -20 PIPS)..

I am waiting for the second move (retest)..
Comment:
Twice time Mr Price touched our Resistance Line, but unfortunetly he did't hit our SELL AREA.

So I think I will move SELL LIMIT below our current SELL AREA.

Wait for the updated area..
Trade active
Comment:
Move your SL to SL+1, bro..
Trade closed: stop reached:
Hit SL +1

The area is still valid..wait to OP..!
Comment:
SELL AREA is no longer valid.
(2/6/2020)
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