Ranging Trade on the CADJPY
Trading at support and resistance.
If I were to look at Double Top formation trading, the price must not close above 86.28 and I must see an RSI divergence with my confirmation candle.
For Double Top I will be looking at extended target of 82.52.
Swing Trading
Trading at support and resistance.
If I were to look at Double Top formation trading, the price must not close above 86.28 and I must see an RSI divergence with my confirmation candle.
For Double Top I will be looking at extended target of 82.52.
Swing Trading
Note
I am expecting a retrace due to the parabolic fallNote
Tp 1 achieved, SL to entry RFTNote
Trade close as price was supported. Inner circle members happy profiting
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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.
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.