As you know cad has high correlation with oil and right now oil are indecisive (short in my opinion)
-CADJPY Higher timeframe shows us downward move.
-Divergence+
-short senario : it moves inside triangle
-long senario : it moves inside parallel channel
in any direction it moves we can open multiple positions (pivot touches rule)
-CADJPY Higher timeframe shows us downward move.
-Divergence+
-short senario : it moves inside triangle
-long senario : it moves inside parallel channel
in any direction it moves we can open multiple positions (pivot touches rule)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.