Thinking of shorting this range!

5 במרץ 2018

I have noticed that JPY has been strong against all the other currencies and this particular pair looked the best to me. The purple line above is the 1HR S&R. Seeing as though the market has breached it and is holding below and paired with the strength of the Yen,I'm looking to short CAD/JPY. Ive noticed on the 15 min,a range has developed,so I'm thinking of shorting the top of the range depending on how the market approaches that area(as seen by my drawing).

5 במרץ 2018

הפקודה בוטלה

The market ran away before I could get the setup I was anticipating,hence no trade.