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CADJPY - Wait For The Trigger!
Dólar Canadense/Iene Japonês
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CADJPY - Wait For The Trigger!
Por TheSignalyst
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19 de fev. de 2023
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19 de fev. de 2023
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on H4:
Left Chart
CADJPY is sitting around a daily resistance and round number 100.0 so we will be looking for sell setups on lower timeframes.
on H1:
Right Chart
CADJPY formed a head and shoulders pattern but it is not ready to go yet.
🏹 Trigger =>
for the bears to take over, we need a momentum candle close below the gray neckline to sell.
Meanwhile, until the sell is activated, CADJPY can still trade higher inside the resistance 100 - 101
📚
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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TheSignalyst
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