Cherry94

CADJPY ridiculously simple short

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
0
99.19-99.47 is very clear, neat resistance area. It's already two spinning tops have come up on the day chart, stochastic is in overbought area and looks like going down. So I'm going to short over there. S/L will be above the resistance area and t/p in the area of recent consolidation.


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.