Short #2 : CADJPY

Harmonic pattern + double weekly trend + rsi overbought

Yorum:

The RSI is too overbought in a lot of time frame right now . ( From D1 TO M5 )
Start of a new downtrend in m15

EP : Now
tp1 = 87.75 ( breakeven )
tp2 : 87.4
tp3 86.3
tp4 : 85

I will put a trailing stop of 50 pips on this trade

Yorum:

Yorum:

I exit half position this morning before economic news with + 100 pips profit .
Other half is close because of breakeven .
Remember to always close and/or breakeven before important economic news.