CADJPY - Bearish Analysis
Updated
I'm already in short in CADJPY.
just wanna add a new position.
actually we have a pull back due to a bullish Butterfly on an up Trend line support but I think it will reverse at the down trend line.
- Bearish Crab in action,
- Resistance at the down trend line
- small bearish bat formation at the same down TL
- Bearish hidden divergence
- golden zone
- nice resistance area
RR ratio:~ 25/200 pips
just wanna add a new position.
actually we have a pull back due to a bullish Butterfly on an up Trend line support but I think it will reverse at the down trend line.
- Bearish Crab in action,
- Resistance at the down trend line
- small bearish bat formation at the same down TL
- Bearish hidden divergence
- golden zone
- nice resistance area
RR ratio:~ 25/200 pips
Trade closed: stop reached
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