Get started
NDOBObanks

CADJPY SELL with 3 confluences

Short
Canadian Dollar / Japanese Yen (PEPPERSTONE:CADJPY)  
NDOBObanks Updated   
PEPPERSTONE:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis CADJPY cadjpyshort cadjpyanalysis cadjpytrade cadjpysell cadjpyforecast cadjpysetup cadjpytradingsetup cadjpyidea
1
0
trendanalysis chartpattern waveanalysis cadjpy cadjpyshort cadjpyanalysis cadjpytrade cadjpysell cadjpyforecast cadjpysetup cadjpytradingsetup cadjpyidea
We will be looking to short CADJPY. The market has been bearish for several days. We can see signs of market exhaustion.

1. Trendline Breakout
2. Breakout Of Key Level
3. Retest of Key Level

Target is the low of the month. Risk Reward is around 1 to 8.
Trade closed: stop reached
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.