Welcome to our weekly trade setup ( CADJPY )!

1 HOUR
Bullish takeout, expecting a turnaround shortly..

4 HOUR
Price too high imo, great short entries!

DAILY
Overall Sideways moving market structure, looking for another push to the downside.

FOREX SWING
SELL CADJPY
ENTRY LEVEL @ 80.230
SL @ 80.420
TP @ 79.380
Max Risk. 0.5% – 1%!
(Remember to add a few pips to all levels – different Brokers!)

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Have a great week everyone!

ALAN

https://www.tradingview.com/chart/CADJPY/ni8999zx-CADJPY-SWING-30-NOVE-2020/