CADJPY Rising Wedge
4 hr time frame - CADJPY has been making higher highs in price, but lower highs in momentum. This is a bearish divergence signal. I'm looking for the break of the wedge and selling to pivots below - Target 1 = 100.00 and anything lower would be utilizing a trailing stop.
Chris Pulver
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.