Shorting CAD/JPY Setup:
Entry Price: Set at the current market price.
Stop Loss: Place 20 pips above the recent high, as determined by the ATR (Average True Range). Simply add 0.2 to the high price for easy calculation.
Target: Set at the final target level for maximum potential gain.
Quick Tip: Always ensure your risk management is in place before entering a trade. For more insights and trading strategies, follow my only account @RaynLim.
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