Charlieab94
Short

CADJPY Short Trade Set Up *HIGH REWARD*

FX:CADJPY   Canadian Dollar / Japanese Yen
Short trade set up on CADJPY .

Bullish trendline is broken.
Lower highs forming on this timeframe.

Looking to trade this pair down to the bullish daily trendline before going long.
Trade active: Entry price at 83.200 after the wick rejection of 1hr 50EMA
Comment: Easy peasy. CAD data gave this trade a nice quick boost
Comment: Taken 80% profit, letting the rest run to target.
Trade closed: target reached
This set up was literally free pips lol. Great analysis on ur page aswell
+1 Reply
Charlieab94 TheForexNerd
@TheForexNerd, Thanks mate, much appreciated
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Market Wizard
+1 Reply
Check out my blog for more free trading education and market analysis https://diaryofafinancekid.com/blog/
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