Fxprotrader
Short

CADJPY Tremendous Risk/Reward Ratio Sell Setup

FX:CADJPY   Canadian Dollar / Japanese Yen
673 7 43
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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Trade active

Thanks Fx, great chart as usual.
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Thank you mate
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I agree
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fxfxfx nima.khan
I am in. TP @77.70 - Good luck!
+1 Reply
do you see similar conditions for the AUDJPY pair?
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I agree, long Yen is wise today.
+1 Reply
Great Ivan, thank you
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