CADJPY Short
Reasons:
-Rising wedge, which is reversal pattern
-Price high at top of the structure
-Double top, which is also reversal pattern
-Expecting reversal and return down to beginning of wedge
Confirmations to look for:
-Risk entry now
or
-Break of lower trendline of rising wedge
This is just idea, not trading advice, use at own risk.
-Rising wedge, which is reversal pattern
-Price high at top of the structure
-Double top, which is also reversal pattern
-Expecting reversal and return down to beginning of wedge
Confirmations to look for:
-Risk entry now
or
-Break of lower trendline of rising wedge
This is just idea, not trading advice, use at own risk.
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