VasilyTrader

CADJPY: Consolidation Short Trade

Short
FX:CADJPY   Canadian Dollar / Japanese Yen

morning traders,

CADJPY is trading within a wide 4h consolidation trading range.
this night the price reached its resistance and formed a double top formation on that.

this morning the price broke and closed below its minor support, and for us it gives a great opportunity to sell the market.
I set my sell limit on retest.

goals:
78.65
78.5

risk: 0.5%

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.