cadjpy 4 h short trade from top of descending channel
confluences:
broken 4h EMA
bearish engulfing
top of descending channel
(usdcad looking like a nice long trade)
entry at retest of broken support
sl 50 pips as its a swing trade and it might pop up one more time to take out sellers
broken 4h EMA
bearish engulfing
top of descending channel
(usdcad looking like a nice long trade)
entry at retest of broken support
sl 50 pips as its a swing trade and it might pop up one more time to take out sellers