CADJPY Short on lower low

29 de mar. de 2016

CADJPY has been ranging in between 86.3 and 84.6 for quite a while now. On the 8hour chart a pinbar formed which may signal another reversal. If price moves down sufficiently for a good lower low, there's a good probability it will move down further for a nice 1:2.7 RR trade.

Comments or idea's, please let me know.

Thanks for reading :)

30 de mar. de 2016

Trade ativo

Active, but a very slow start

30 de mar. de 2016

Trade fechado: stop atingido

I misread this pair and its SR zones, see comment below