Hello traders:
CADJPY has a very good continuation structure.
We see price had a sharp move down and start to form a larger correction.
Last bit of price action we see a mini-double tops, rejecting the higher time frame structure from the top.
Looking for sell entries from the top will give me the best Risk:Reward trade down the lows.
Wait for a confirmed breakout from this correction on the lower time frame.
if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
CADJPY has a very good continuation structure.
We see price had a sharp move down and start to form a larger correction.
Last bit of price action we see a mini-double tops, rejecting the higher time frame structure from the top.
Looking for sell entries from the top will give me the best Risk:Reward trade down the lows.
Wait for a confirmed breakout from this correction on the lower time frame.
if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
Nota
higher time frame:
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.