workingtraders
Short

Short idea for $CADJPY

FX:CADJPY   Canadian Dollar/Japanese Yen
148 2 3
Stop is 95.50
MACD looks ready to make a bearish cross.
Price has stalled at major resistance zone .
A bearish harmonic pattern has also formed lining up with the resistance zone .
Stochastic oscillator is showing that the pair is overbought and a pull back is due.
reduced risk and sold 1/3 at 94.90
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Short 95.073
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