Welcome to our weekly trade setup ( CADJPY )!
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1 HOUR
Bullish break above previous shortterm highs
4 HOUR
Price took out short sellers and need to drop now.
DAILY
Overall bearish market in pullback, great short entries!
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FOREX SETUP
SELL CADJPY
ENTRY LEVEL @ 82.700
SL @ 83.180
TP @ 81.750
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN