CADJPY . . . . Wait for Rejection at the TrendlIne and GO SHORT

By PipsPayTheBills
Updated
CADJPY . . . . Wait for Rejection at the TrendlIne or the Resistance and GO SHORT.

Watch out for PinBar and Bearish Engulfing bar.

Setup is Invalid if these conditions are not met.
Comment
The MACD Should change direction at the Zero Line. Turn back downwards.
Beyond Technical AnalysisChart PatternsTrend Analysis

Disclaimer