CADJPY Sell - continuation of the sell setup, with clean candle

8 Şub 2023

This is an extended idea for the previous CADJPY setup. After a day of consolidation, the price is likely to keep falling. The clean bullish candle from NFP suggests a lack of significant support, so we expect the price to drop to the 96.60 area or lower.

However, this is a risky trade, so please manage your position size carefully.
Please note, do not enter the trade unless the price reaches the entry line.

9 Şub 2023

İşlem elle kapatılmış

Closed at the entry.

9 Şub 2023

İşlem aktif

reentered.

9 Şub 2023

Not

I closed this with a small profit and let USDJPY run: