Last Friday CadJpy has finished the day putting in a big bearish engulfing on our daily chart and also this bearish engulfing translates in a Pin Bar on the weekly chart.
Yesterday we have a Pin Bar on daily from exactly the same resistance and it looks like the pair is ready for a drop.
In conclusion, rallies against resistance should be sold and 80 zone could be our target.
Yesterday we have a Pin Bar on daily from exactly the same resistance and it looks like the pair is ready for a drop.
In conclusion, rallies against resistance should be sold and 80 zone could be our target.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.