Fxprotrader
Short

CADJPY Tremendous Risk/Reward Ratio Sell Setup

FX:CADJPY   Canadian Dollar/Japanese Yen
673 7 43
4 months ago
Keep a closer eye for price to reach and retest the upper parallel of a long term median line . In case it rallies and reach this level it should be a go for me, selling this market. I will personally aim for the half way towards the median line for a 5:1 risk/reward trade.

No matter the outcome this is a worth taking opportunity.

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4 months ago
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IvanLabrie PRO
4 months ago
I agree, long Yen is wise today.
JPYUSD: The yen rally continues
+1 Reply
Fxprotrader PRO IvanLabrie
4 months ago
Great Ivan, thank you
Reply
fxfxfx
4 months ago
do you see similar conditions for the AUDJPY pair?
Reply
nima.khan
4 months ago
I agree
strong resistance on daily
Reply
fxfxfx nima.khan
4 months ago
I am in. TP @77.70 - Good luck!
+1 Reply
fjf565
4 months ago
Thanks Fx, great chart as usual.
Reply
Fxprotrader PRO fjf565
4 months ago
Thank you mate
Reply
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