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CADJPY Sell Setup - Post BOJ data

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He Traders,

The CADJPY broke below the key demand zone, early London session yesterday, then made a retest back to zone (that could have a given a quick sniper entry for traders that checked this and saw it early.

However, i decided to wait for a more cleaner entry - meaning i am expecting a better retest (mitigation) of the previous support area then now using it as a resistance.

Now, the price is heading toward that zone, which also confluence with 50% Fibonacci level and 21-period EMA.

A limit order can be place at this zone and target the demand / OB below.

Always apply risk management
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TRADE GOT ACTICE AND ACHIEVED IN UNDER 4HRS - POWER OF NFP

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