Maximus1147

CAD / JPY SHORT

做空
FX_IDC:CADJPY   加元/日元
Has formed 2 clear cycles on the daily and price is indicating a possible reversal on the lower timeframes. On the 4H a traintrack has formed off of the last daily lover low, the 50MA and also the fib level 0.382. The RSI is also point straight down. A strong indication of a bear run.

Target 1:
Just above the weekly trendline.

Entry:
E - 80.227
SL - 81.2
TP - 79.25
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