23-4-17 CADJPY short too 80.3180 key level

Marked all the important levels on the chart. Price broke trough the counter trendline, the CAD CPI news release came out negative (means positive for this trade idea). I on the break of the counter trendline after the trendline, but now makes a new swing, nice double top rejection, breaks the lows of the swing with a significant bearish candle. Stop above the swing, and target just above the 80.318 level as marked on the chart.

Comment:

Always wait for market opening when entering a trade!!!

Comment:

^ Look my last comment ^

Always wait for the markets to open after the weekends. French elections gapped almost every currency pair.

Order cancelled