Canadian Dollar / Japanese Yen
Short
Updated

CAD/JPY SELL IDEA

291
Hey tradomaniacs,

welcome to a new free trading-setup.

Note: This is meant to be a preparation for you. As always we need to wait for a confirmation!

CAD/JPY: Daytrade-Preparation


  • Market-Sell: 81,265
    Stop-Loss: 81,570

    Target 1: 80,975
    Target 2: 80,790
    Target 3: 80,550

    Stop-Loss: 30,5 pips
    Risk: 0,5% - 1%

    Risk-Reward: 2,40


snapshot

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Peace and good trades
Irasor

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Note
After retesting the Supply-Zone the market has created Eave B and is more likely to go down after breaking the trendline (b) of the previous correction.

Now with the current retest I want to see more sell-volume and a continuation of the current impulse.

Volume-Profile showing strong sell-volume so far and could continue with pressure to the downside.

Watching carefully❗️

snapshot

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