CADJPY SHORT INTRADAY BREAKOUT TRADE SETUP

Hi everyone:

Here is a good opportunity on CADJPY SHORT, any feedback and comments are greatly
appreciated it.

Thank you

Trade: #3 (2017)
Date: 01/05/2017
Time: 06:00 GMT
Forex Pair/Commodity: CADJPY
Position: SHORT (SELL)
Reward/Risk: Potential 6:1

Enter our SHORT position @ 87.75 as the 1 HR chart breaks out of the rising wedge to the
downside, forming a bearish flag pattern, ready to break out.
Targeting the daily 50 EMA around 84.75 area for a potential 6:1 reward risk ratio.

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Trade attivo:

Trade chiuso manualmente:

Price shoot up passing the 20 EMA on 1 HR chart, manually closed down trade for 1% profit @ 87.40