Pipcoyote

CAD/JPY - 1D Short (Engulfing bar)

Short
Pipcoyote Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Engulfing bar on key level (resistance) 83.20.
TP at 82.40 support. And if it takes a daily close below 82.40, it'll open up the next support level at 80.55.
Alternatively, a daily close above 84.00 would re-expose former channel support (new resistance) up near 84.80 to 85.00.
Comment:
SL moved to breakeven.
Trade closed manually:
It's Friday, better to bring some safe profits at home.
Taken R:R = 1:5.5 :-)
I'll wait next week for a retest of 82.400 level to enter another short position.
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