Aadil1000x

CADJPY reversal trade entry

Short
Aadil1000x Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Hello Traders!

Welcome back to another trade with analyst Aadil1000x.

Lets be ready to Short the CADJPY as market is turning against BULLS. Cadjpy is at key position and bulls are losing strength.

Cadjpy Short Now @ 107.65

Stoploss 108.15(-50 pips)

Target 1, 107.01(+64 pips)

Final Target 106.39(+125 pips)


Tolls/Indicators

>Directional

Trendline

>Entry

SMA 6 vs EMA 6 Cross, RSI(11 RSI length above 6 MA)

>Strength

Volume Indicator

>Exit/Target strategy

A1000x TR point Strategy

>Impact

LaRSI

I am using an A1000x Breakout Strategy that relies on trendline Breakouts to determine the trade direction. Additionally, I utilize Indicators to determine whether to enter the trade or abstain from it.

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Comment:
Its Not a Healthy short and we are closing CADJPY with -10 pips loss.
Order cancelled
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