CAD/JPY TRADE IDEA (SHORT)

26 thg 7, 2021

WHEN LOOKING AT THIS DAILY CHART, EVEN AT FIRST GLANCE IT IS EVIDENT THAT PRICE IS IN A CLEAR DOWNTREND. WITH 3 LH's ALREADY FORMED, THIS IS QUITE A STRONG TREND, MAKING THIS A HIGH PROBABILITY SETUP. IT IS BEST TO SCALE DOWN TO THE LOWER TF's TO LOOK FOR MORE CONFLUENCE FOR A POSSIBLE ENTRY, SUCH AS PATTERNS (EX: DOUBLE TOP). IF YOU LIKE THIS TRADE IDEA PLEASE HIT THE LIKE BUTTON!