AngelaFTrading
Short

CADJPY - Gravestone doji at Resistance! - Low Risk Setup

FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY , along with most other JPY pairs are calling for pullback after rallying last week.

After reaching an intraday high of 87.45, the pair retreated near its opening level at 87.15 forming a gravestone doji at a daily resistance area .
We now look to short the pair at around 87.15-25, with SL at 87.45-87.55

Lower timeframe chart will be posted in the update section.

Feel free to comment and please support with your like!
Sep 23
Comment: Take profit levels based on lower time frames. SL as indicated above.

Sep 23
Trade active
Sep 24
Comment: CADJPY 4-HOUR chart update: Another inside bar formed, breakout downwards will bring the price down to out first take profit.

Sep 24
Comment: Hold this trade and keep SL at the high of the previous trading day which is about 40 pips from entry.
Sep 27
Comment: First TP hit! Secure some profit and keep holding.
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