PlutusX

Execution Ready CADYJPY [SET UP]

Short
FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
We have 4 pieces of evidence for this set up: 61% fib (M), structure (D/W) , Trendline (M), impulsive pattern to the downside (M). In addition to that the contextual environment for the 4H and the Daily was tested and is bearish, ready for execution. We are waiting for a nice entry at the moment, but the trade itself is ready.

If you are learning but still want to scrape away the pips we are making weekly message us privately.

RR - 1:2.56

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