CADJPY CONFIRMATION REVERSAL CANDLE FORMATION RALLY BASE DROP
AS MARKET PRICE TESTED A STRONG SUPPLY/RESISTANCE ZONE FOR THE THIRD TIME, PRICE HAS NOW REVEALED A INDECISION REVERSAL PRICE PATTERN RALLY BASE DROP KNOWN AS "EVENING STAR."
THIS IS SOME FORM OF CONFIRMATION THAT THE BULLS HAVE RUN OUT OF POWER! GOING SHORT IS AN OPTION. WITH THIS REVEALS AN ENTRY, STOPLOSS AND TARGET ZONE WITH GOOD RISK FOR REWARD. NOTE THAT THIS IS A "SWING TRADE"
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.