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alectrade1
May 9, 2017 7:11 AM

Bearish look at CADJPY Short

Canadian Dollar/Japanese YenFXCM

Description

CADJPY is coming into a really nice resistance area. We have a bat pattern also completing in that bearish zone.
Looking for a short at 83.00
S/L 83.55
Target 1 82.20
Target 2 80.85
Comments
Jamal92
Solid setup. I am hoping that the fall will be soon as I have a similar setup to yours.
alectrade1
@Jamal92, Hey Jamal thanks for the positive feedback. Yeah im really bullish Yen at the moment. Especially against Commodity pairs, as i see a potential move out of riskier assets coming down the line. But im a technical trader so Bla bla bla LOL
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