TradingView
CollegeofPips
Dec 8, 2020 8:09 AM

CAD/JPY | Potential Downward Movement Short

CAD/JPYOANDA

Description


💡 Trade Idea

📉 Sell Limit CAD/JPY @ 81.43

🎯 Target Profit 80.61

🛑 Stop Loss 81.84

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description:
The price reached the higher end of the channel and now the sellers are trying to push the price downward. We have a daily resistance at 81.43 level which might prove to be difficult to break and lead to a reversal to the 80.61 mark.
Comments
forexboat
Interesting ideas.
FXCM
thanks for sharing! this is my view on CADJPY:
CollegeofPips
@FXCM, Thanks for sharing.
InkyGrip
Great work my friend 🦐💪🏻
CollegeofPips
@plancton0618, Much appreciated
TheSignalyst
nice one thank you for sharing!
CollegeofPips
@TheSignalyst, Thanks to you.
Joe_Damien
Great ideas.
CollegeofPips
@Joe_Damien, Thank you
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