CADJPY Sell Idea

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1380
Potential CADJPY Sell Opportunity

CADJPY pair seems like is going to complete a triple cycle up on the H4 chart near 90.00 zone. I think it is a good idea to look for sell opportunities there. Here is my plan for action.

CADJPY Technical Analysis:

H4 – Potential Triple Cycle

Sell Entry:

Wait for the price to reach the 90.00 zone and look for H1 trend line breakout to the downside.

Targets:

Aim to collect first part near the 85.00 level and set your SL to break even. Second target would be the 80.00 level.

cadjpy sell idea

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