CADJPY There will be a quick 30 pips then set a very tight...

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    CADJPY

    There will be a quick 30 pips then set a very tight trailing stop. This is the area I was targeting in April but it got within 60 pips of this level before falling back. It’s a monthly close line ahead with major resistance or as me and spec say, major liquidity.
    It would normally then form into consolidation for a period and range.
    It’s at 86.60.
    I would consider this a bad trade, medium risk with small reward
 
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