CAD/JPY : ** Perfect Sell entry ** - Daily chart

Hey Guys,

This is a super nice short entry on CAD/JPY .

We have a strong confluence of :

- FIB 61.8 + Resistance zone
- Breakout & Retest of Daily parallel channel .
- Strong bearish momentum
- Nice trendline confluance
- SL protected by : STD Deviation, Fib, Bearish channel .
- Overbought @ 85% - Rejection confirmed


Good luck to All !

Commentaire:

All targets reached ! :)