Brackout
MAHINDCIE All time high brackoutThe chart show in the perfect price action of the share, this share is good for the long term
CADJPY - SHORTCADJPY - Next Month(Jul-21)LTF Short Possible. Will Try Selling Opportunity, Because of
1) in Ascending Channel Breakdown Stage
2) 91.182 Area Strong Resistance and Wick Rejections Happen.
3)So As Per Trendline and Channel Pattern Possible to SHORT.
Waiting for Feedbacks and Suggestion.
this pair is realy in a critical situationit is more than 10 years that zone of 1.900-1.916 used to be key level. sometimes support and sometimes flipped in to the resistance.
in last 160 days this level has been a sarong support .
in weekly time frame we have very week uptrend channel.(long-term)
in the Daily time-frame that is my overall trend time-frame we have a visible downtrend for 1 year (mid-time)
price is in very important key level and is making a buildup.
it is very critical point and as a swing trader we must stay very calm to see a break and close out of this buildup.