CADJPY is in the perfect place to look for reasons to enter short. On the lower timeframe we can see that there's an ascending correction which is typically a reversal pattern. As it's in our high value area for reversal, we can gain an entry on the break of the ascending correction and hold that trade for a while!
See chart update for lower timeframe and an overview of cadjpy.
Goodluck and trade safe!
See chart update for lower timeframe and an overview of cadjpy.
Goodluck and trade safe!
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Related publications
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.