CADJPY bearish by Ichimoku

288
Comment:

CADJPY H4 is continuously trending down as per below Ichimoku confirmation.

Ichimoku Trend Analysis:

- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan Sen down
- Chiko Span below candles

Next Scenario:

Market is trending down in H4 and lower timeframes. Initial target is on 86.01 level.

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.