CADJPY Short-Term Short trade Idea
Interesting setup provided by CJ with an extensive correction structure. These are becoming more and more
visible in the market recently and it's quite interesting to see how they pan out. I will be waiting for a break
below and retest of the ascending trendline within the horizontal channel with the goal of trading the XZ
leg of the corrective structure.
Target:
78.150
I will be posting trade updates below, to keep you in the loop of this interesting setup.
If you enjoyed this setup or would like to share your views on CADJPY, drop down into the comments and let's
learn.
visible in the market recently and it's quite interesting to see how they pan out. I will be waiting for a break
below and retest of the ascending trendline within the horizontal channel with the goal of trading the XZ
leg of the corrective structure.
Target:
78.150
I will be posting trade updates below, to keep you in the loop of this interesting setup.
If you enjoyed this setup or would like to share your views on CADJPY, drop down into the comments and let's
learn.
Trade active:
Trade closed: stop reached
SL hit upon market closure