Get started
BlueMindRichard

CADJPY - Possible Short

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
BlueMindRichard  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Support and Resistance Trend Lines CADJPY Forex technical analysis forextrading bluemindfx
3
0
trendanalysis supportandresistance trendline cadjpy forex technical analysis forextrading bluemindfx
CADJPY seems to be rejecting the top of the Parallel Channel it's been stuck in for the last weeks. Looking at shorting it upon another failed retest. 200EMA also seems to be acting as strong resistance. Looking to take profit at base level as per chart. Stop Loss used in accordance to structure.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.