CAD/JPY - SELL

2019-12-18 18:42:22


In general, this pair shows a kind of triangle. Also near the level we saw a false breakout without any bullish momentum, which says that maybe we don’t have enough volume to go up.

Right now we have one more retest of this level, so I enter a SHORT trade with stop/loss little but higher than local maximum, if it falls, it may go down to a price-range somewhere near 82.60
FX:CADJPY