VIDEO ANALYSIS: CADJPY TRADE UPDATE
In this video update, we take a look at our CADJPY position as the market triggered our trade overnight. Technically
the market formed a double top pattern on the 4hr timeframe at key resistance. Price broke through the neckline confirming
a lower low, lower close. This gave us the opportunity to short the market at the neckline with targets being the key low.
the market formed a double top pattern on the 4hr timeframe at key resistance. Price broke through the neckline confirming
a lower low, lower close. This gave us the opportunity to short the market at the neckline with targets being the key low.
Disclaimer
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.