Chance to get short on CAD/JPY 1hr chart
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
Entry is at 78.66
Stops are at 79.17
Target 1 is at 78.00
Target 2 is at 77.40
Trade closed: stop reached:
Target 2 stopped out for break even
Stops rolled to break even for target 2