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CADJPY: Consolidation Short Trade (Trading Plan)



morning traders,


CADJPY is trading within a wide 4h consolidation trading range.

this night the price reached its resistance and formed a double top formation on that.


this morning the price broke and closed below its minor support, and for us it gives a great opportunity to sell the market.

I set my sell limit on retest.


goals:

78.65

78.5


risk: 0.5%

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