Short setup on CADJPY

22 Haz 2021

After a very sharp down movement due to FOMC news last week we did expect price to retrace and give us a good shorting opportunity. Based on the rule of alternation described by EW we do expect price to retrace 61.8% of the third wave down. This is where the entry is at. If it does not retrace to that price I will share with you a DNA system setup on the way down.

8 Tem 2021

İşlem kapandı: hedefe ulaştı

Frustrating trade but worked out at the end.