SwissPips

CAD/JPY: Short entry triggered

Short
SwissPips Aktualisiert   
FX:CADJPY   Kanadischer Dollar/Japanischer Yen
Hey guys,

Just wanted to share the trade I took this morning, it's on CAD/JPY.

I have spotted a strong divergence on volumes as price was going up.

My short entry was triggered and I am targeting now the bottom of the structure.

Even though we are above the cloud on higher timeframes I believe the pair is overbought and is currently pullingback.

We've got high impact news this afternoon so I don't think I will keep the trade if it doesn't reach my target by then.

*** Trade at your own risk ***
Kommentar:
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I am shorting from the top of the structure with a tight SL
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Same target 76.090
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Will add shorts as soon as it breaks the structure to the downside

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