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Retuka
Sep 8, 2022 10:38 AM

CADJPY POTENTIAL DOWNTREND Short

Canadian Dollar/Japanese YenFXCM

Description

Pair: CADJPY
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, consolidation
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Key Takeaway: Looking for breaks of this consolidation period, we have breached this level of support numerous times and we need to see a close below. looking to take profits on trend line suppot
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Level needed: need a close by 109.375
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Trade: Short
RISK:REWARD 1:7
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Comments
EriFX1
4 hr candle has to be closed below 109.37
JoeChampion
Good chart, thanks!
JoeChampion
Awesome work, keep them coming my friend!
Retuka
@JoeChampion thank you brother
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