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+732 Points Profit Reached Successfully in CAD/JPY Sell Signal

Reason for Selling CAD/JPY :

CAD/JPY is moving in a downtrend on Daily chart.

Downtrend movement in CADJPY daily chart

As per our BYS analysis, the Buyers in JPY is increasing more and the Sellers in CAD is increasing more.

JPY is getting stronger and CAD is getting weaker.

This is the reason for selling CAD/JPY.

Finally market reached our Take Profit Target Successfully.

Trend is your friend, if you know how to deal with it.

Note : If you know the market is moving in downtrend, then keep placing only the Sell order on that currency pair to make good profits along with the trend. Never place buy order in down trend. But, beware of the retracement nature of that pair.

cad jpy sell trade in lower highs reached take profit

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