marcorivoira

cadjpy 4 h short trade from top of descending channel

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
confluences:
broken 4h EMA
bearish engulfing
top of descending channel
(usdcad looking like a nice long trade)



entry at retest of broken support


sl 50 pips as its a swing trade and it might pop up one more time to take out sellers
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.