Short CAD/JPY: the price has broken below the ranging levels and is likely to drop further

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Written on Feb 14, 2025
Reading time 1 minutes

Short CAD/JPY: the price has broken below the ranging levels and is likely to drop further

Open Profit

Signal timeline

Stop loss $109.47 (-1.64%)
Current price marker
Entry zone $107.7
Current price marker
$107.5
Current price marker
Take profit 1 $107.2 (0.46%)
Current price marker
Take profit 2 $106.5 (1.11%)
Current price marker
Take profit 3 $105.38 (2.15%)
Arrow Current price $102.36 (4.96%)

Trading signal summary

Buy/sell asset Sell CAD/JPY
Entry zone $107.7 - $107.5
Stop loss $109.47
Portfolio risk 1%
Leverage 1:100
Take profit 1 $107.2
Take profit 2 $106.5
Take profit 3 $105.38
Est. trade duration 1-3 Weeks
Maximum profit 2.15%
Maximum loss -1.64%
Overall trade risk Low