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UnknownUnicorn772665
Oct 30, 2019 8:20 AM

CADJPY Short Trade Set Up *HIGH REWARD* Short

Canadian Dollar/Japanese YenFXCM

Description

Short trade set up on CADJPY.

Bullish trendline is broken.
Lower highs forming on this timeframe.

Looking to trade this pair down to the bullish daily trendline before going long.

Trade active

Entry price at 83.200 after the wick rejection of 1hr 50EMA

Comment

Easy peasy. CAD data gave this trade a nice quick boost

Comment

Taken 80% profit, letting the rest run to target.

Trade closed: target reached

Comments
TheForexNerd
This set up was literally free pips lol. Great analysis on ur page aswell
UnknownUnicorn772665
@TheForexNerd, Thanks mate, much appreciated
J1mmorz
Market Wizard
UnknownUnicorn772665
Check out my blog for more free trading education and market analysis diaryofafinancekid.com/blog/
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