CADJPY is in Bearish Trend, We have two nearest supports first on 109.159 and second one on 108.961. We will take entry after the break of Support 2. And our stop loss should be on above the Support 1. If it breaks its Second support then the next support would be on 108.142.
We want three confirmations on this trade setup:
1) Bearish Trend
2) Break Of Support Two.
3) Have No bullish divergence.
HAPPY TRADING :)
We want three confirmations on this trade setup:
1) Bearish Trend
2) Break Of Support Two.
3) Have No bullish divergence.
HAPPY TRADING :)