POTENTIAL CADJPY SHORT THEN LONG SETUP

Trade Setup: continuation setting up for a reversal
Entry Time Frame: 1H
Confirmation: B on 30 with D for short. SBD on 1H for long
Risk/Reward Ratio (RRR): 3 for short. 4-7 for long.
Upcoming High-Impact News: ADP news for CAD in 4 hours. Retail sales for USD in 4 hours.
Level of confidence: 55% for short. 65% for long
Day & Session Spotted: Thursday-LODN

PS. Been very sick Yesterday. A little bit better today.

Trade ativo:

Already have a scalp position for short active.

Comentário:

If the short does not move hit TP nor the SL, will probably exit this short position before the CAD news coming in the next 20 mins.

Trade fechado manualmente:

Late update. Very good call to exit just before the CAD news (ADP) release last night. Exit was on small profit at 86.500 just before the News release which did a liquidity run on the recent high then flushed to the buy zone I mapped out. I did the exit in my phone, decided to not enter for the long setup and went to bed after, thus the late update.