Hey guys,
Today we have a good selling opportunity on CADJPY.
The scenario of trading is:
1. Bearish downtrend.
2. Price reached a major resistance area and can be counted as a pull back.
3. The price rejection from this area.
So based on this scenario I opened a sell position with low risk and high gain.
Note: As always please take riskmanagemet rules into consideration before opening any position on the market.
Good Luck!
Today we have a good selling opportunity on CADJPY.
The scenario of trading is:
1. Bearish downtrend.
2. Price reached a major resistance area and can be counted as a pull back.
3. The price rejection from this area.
So based on this scenario I opened a sell position with low risk and high gain.
Note: As always please take riskmanagemet rules into consideration before opening any position on the market.
Good Luck!