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shynfx

CADJPY - In Bearish Trend

Short
Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
shynfx  
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns
20
2
trendanalysis harmonicpatterns chartpattern
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 :)
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