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CADJPY down after H&S neckline breakout
Canadian Dollar / Japanese Yen
Short
CADJPY down after H&S neckline breakout
By ForexKei-Official
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Nov 24, 2022
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Nov 24, 2022
Comment:
CADJPY is trending down after Head and shoulders neckline breakout as well as Ichimoku trend analysis.
Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) down
- Tenkan sen down
- Kijun sen down
- Chiko span below candles
Next Scenario:
Need to wait for today's candle close. And once the breakout is confirmed, look for a selling edge.
Target to be 102.582, then 101.413.
CADJPY
Forex
forexkei
Ichimoku Cloud
ichimokukinkohyo
Technical Indicators
Trend Analysis
ForexKei-Official
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Forex Kei
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