Trade Ideas Position: CADJPY Crab

A bearish deep crab setup for a trend trading opportunity on the daily timeframe.

Having this countertrend setup on the 4-hourly timeframe does stage a great trend trading opportunity for the higher timeframe.

Trade active:

Trade has already engaged

Trade active:

Shift SL to Entry, Risk-Free Trade Attained 81.74(+4pips)

Trade active:

Target 1 Attained +100pips

Trade closed: target reached:

Target2 Attained +132pips