Welcome to our weekly trade setup ( CADJPY )!
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1 HOUR
Bullish pullbacks been slowing down end of last week.
4 HOUR
Small pullback done, looking for another bearish wave now.
DAILY
Overall very bearish market with great short entries.
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FOREX SETUP
BUY CADJPY
1ST ENTRY @ 82.550
2ND ENTRY @ 82.275 (wait for trigger)
SL @ 81.800
TP @ 83.370
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN