Cenotaph
Short

CADJPY Short on break of bull move

FX:CADJPY   Canadian Dollar / Japanese Yen
There's a strong move down on this pair as seen on the Weekly chart, The daily shows a good doji signal and buy resistance from the large upper wicks. Let's wait for a break of the SR zone to go into a sell. This setup for the first TP is good for a 1:3.3 RR. Hold it longer for a 1:6 RR trade.

Eventually it looks like this pair will move to the major SR zone of 72.

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