mlwinter
Short

CADJPY Short term sell setup

FX:CADJPY   Canadian Dollar / Japanese Yen
21 0 3
Just broke a very strong support (3 yellow boxes). Short when price pulls back to 82.250 area to target 79.270. Possible a bounce in orange box due to bottom of monthly channel.
Trade closed: target reached: VERY GOOD TRADE
Comment: We might see more downside from here (orange zone). But honestly this daily candle doesn't show strong reversal sign. Might need one more daily candle to confirm. Safe to short at high of this candle with SL above 80.5
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out