OGFXTRADER

CADJPY H1 SHORT PRICE ACTION FORECAST

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Although MA's are about to form a triple golden cross, signaling an uptrend momentum, price action is currently retesting a broken ascending line, reason why if the price gets enough rejection, it could present a bearish opportunity with this pair.

The order:
Type: sell-stop
S/L: 18 pips - R:R | 1:2 -
T/P: aiming towards the support level

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