MikulovicFOREX

Short selling CADJPY

Short
MikulovicFOREX Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
OK guys so here goes

A few days has passed since our latest analysis (also intra-day) and this market has been struck by high impact news which made price skyrocket.
We are beginning to see divergences in price and momentum on 1h charts.

I might have entered this trade early since ABCD pattern is developing on daily charts and almost complete at 80.94

Thats how it goes.
Wishing everyone who trades this pair good luck, and remember to follow your money management strategy

Thank you for all your support - I appreciate it a lot!
Trade active
Comment:
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.