forexjunkie33
Short

Chance to get short on CAD/JPY 1hr chart

FX:CADJPY   Canadian Dollar / Japanese Yen
42 0 2
We have had the double top confirmed by the break if structure with bearish divergence and have now retraced back up into that structure level giving us a chance for a short entry with a good risk/reward ratio

Entry is at 78.66

Stops are at 79.17

Target 1 is at 78.00

Target 2 is at 77.40
Comment: Target 1 hit for + 66.4 pips

Stops rolled to break even for target 2
Trade closed: stop reached: Target 2 stopped out for break even
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