SMPTrader

Possible CAD/JPY Short position!!

Short
OANDA:CADJPY   Canadian Dollar / Japanese Yen
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1-3 days
Actions on -
A – Activating Event
Market will meet resistance @83.93 level and fall to the @82.4 level. In order to enter, the pair needs to be rejected by the Bollinger Band line....
B – Beliefs
Market move towards the first Target 1 level @ 82.4


CADJPY

Trade Management
Entered @ Sign up for mentoring
Stop Loss @ Sign up for mentoring
Target 1 @ 82.4
Target 2 @ 0.

Risk/Reward @ 4.1

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