FX:CADJPY   Canadian Dollar / Japanese Yen
I am getting in on this trade late however I still have a 1:2 risk to reward ratio which is good enough for me. The setup is simple. Price is yet to break the high(99.083) which means price is still trending down. As a trend trader I wait for pullback to my preferred zone and take the trade for a sell which is what I have done here. Now I hold on to the trade and pray price falls to at least the previous low where I have my take profit.

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