Hello to all wacthing my charts.
Lets habe a look to CADJPY and of course its a Short Play.
But how has that been established ?
Where had it been the best level for a trade ?
Look at my chart.
30.10. 14:00 GMT has been the date for start the trading short
at that time the pair has broken 1) the RED Trendline and 2) 2 Support
(Red parallel Lines)
After that the fall has been increased very very quick.
Now we are sittin on a support level but nobody nows whether
that will hold or not.
Next Support Level is 81.75
We have to watch whether that will hold and maxybe a start of a jump up
But all of my channel systems are so short
its not a time at the moment for thinking about Long
Good trades
If you want to support my work , please be so kind and like them
-
My posts are not and advice to buy or sell something
always do your own research
-
Renkotrade
----------
Lets habe a look to CADJPY and of course its a Short Play.
But how has that been established ?
Where had it been the best level for a trade ?
Look at my chart.
30.10. 14:00 GMT has been the date for start the trading short
at that time the pair has broken 1) the RED Trendline and 2) 2 Support
(Red parallel Lines)
After that the fall has been increased very very quick.
Now we are sittin on a support level but nobody nows whether
that will hold or not.
Next Support Level is 81.75
We have to watch whether that will hold and maxybe a start of a jump up
But all of my channel systems are so short
its not a time at the moment for thinking about Long
Good trades
If you want to support my work , please be so kind and like them
-
My posts are not and advice to buy or sell something
always do your own research
-
Renkotrade
----------
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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.