CADJPY Sell Opportunities
Updated
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.
Note
higher time frame:
Related publications
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.