forex_trader1990

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100 % forex
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CADJPY 50% | 1 USDJPY 50% | 1
forex_trader1990 forex_trader1990 PRO CADJPY, D, Short ,
CADJPY: Short CAD/JPY
20 0 1
CADJPY, D Short
Short CAD/JPY

As you can see on the Daily, we have broken out of our triangle. You can see a clear retest of the triangle and a 20 EMA bounce short as well. Confluence factors include, Long term short biased, retest of triangle, 20 EMA bounce short, bearish MACD, and a bearish engulfing candle prior to this week on the weekly chart. Lets see if it takes :)

forex_trader1990 forex_trader1990 PRO USDJPY, 240, Short ,
USDJPY: Short USD/JPY
9 0 0
USDJPY, 240 Short
Short USD/JPY

1.) I am expecting a retrace to 119.100. Hopefully a bearish reversal candle will print and we can then expect to go lower again. 2. I placed a trade at 119.747 short, at the retrace for the symmetrical triangle on the 4 hour chart.

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