Long on CAD/JPY; Break of High; Uptrend Momentum; CAD/JPY has been in an uptrend over a matter of months
Short as this has just hit top of the trend channel on the Daily timeframe.
There is a current bounce on the Daily Trend Line. I am looking to go long on this security.
Short back down towards Daily support level. Currently forming Flag Continuation Pattern!
Reversal point at the conjunction of the trendline on the Daily combined with the 78.6% retracement. Also, there is a Double Top Pattern on the 15 min chart!
Bounce from 50%-61.8% on 4HR; Uptrend Channel on Daily Chart
Double Top/Bearish Engulfing Confirmation Entry Near Hot Zone... Also Divergence on RSI
Trend continuation play... Short to the 1.27 extension
Break and Retest.... Short... Double Top on 15 min... Diversion on 15 min
Trend Continuation play... Double Top... Trendline break...
Trend continuation @ 78.6%-88.6% supply zone... Hard bearish movement out of the zone
Retest of last support between 50%-61.8% zone. Trade Long Position