CAD/JPY: Update

In this par, we see that Canadian Dollar/Yen Japanese drop too like CAD/CHF. So, because as I share in the morning that we see a good opportunity to short CAD/JPY in the 0.782% fibonacci, after that, we see a bearish BAT Harmonic Pattern ,and that was a good choose to short Canadian Dollar.

Now, the only udpate that I will modify here it's the target profit that I move up to $ 106.96 JPY. And my entry price was in $108.62 JPY.

In H1 timeframe, there're not much information, but I can to say that in this timeframe, as CAD/JPY broke down the EMA 200, there're a lot chance that CAD/JPY continue down as I expect it.

At the moment, we're in profit with 63 pips earned in this trade for now. But I will hold this position as I believe that Canadian Dollar will continue down, the same with my another analysis in CAD/CHF and CAD/JPY, boths.

Good luck!!!

Komentarz:

As I re-entry to short in $107.79 JPY. And put the SL to $108.24 JPY. And take profit fix to $106.96 JPY.

So, as I was in profit until the price $107.89 JPY, what I closed up my short position, and my entry price was around $108.62 JPY. So, I get in profit around in this trade like 73 pips, that was around the grow up of 4.98% in my account.

Now, I re-entry again in CAD/JPY to short.

Komentarz:

My bearish perspective still work!!!