CADJPY: SHORT IT TP +220 pips // BEARS(SL/TP)(NEW)

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CADJPY: SHORT IT TP +220 pips // BEARS(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses.

🔸 Summary and potential trade setup
::: CADJPY 16hour/candle chart review
::: XABCD setup in progress (speculative)
::: requires confirmation point D
::: shorting makes sense
::: TP BEARS is point D/PRZ 77.00
::: short breakdown of key S/R level
::: 79.25 is key S/R level now
::: BEARS will target 77.00 +220 pips
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT BREAK/HOLD
::: TP BEARS is 77.00 +220 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 77.00 fresh demand zone
::: 80.00 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS