CADJPY - Double top
CADJPY formed a double top on DAILY timeframe and RSI show a bearish divergence.
Weekly timeframe show downtrend and now currently on fibo zone retration.
JPY futures stands on support so far.
A breakdown below current support should trigger a good short position targeting weekly lows, S.L should be placed previous high.
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
Weekly timeframe show downtrend and now currently on fibo zone retration.
JPY futures stands on support so far.
A breakdown below current support should trigger a good short position targeting weekly lows, S.L should be placed previous high.
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
Nota
Price failed to break the current low and therefore no trade opportunity
Aviso legal
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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.