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CADJPY breakout of triangle pattern
Canadian Dollar / Japanese Yen
Short
CADJPY breakout of triangle pattern
By newbietrader_TZW
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May 26, 2021
2
May 26, 2021
H1
Retested the trendline ( purple line ) indicating a clear downward signal
Weaker and weaker bullish momentum show by MACD indicators
MACD 's histogram formed under level 0 indicates bearish momentum coming in
MACD line and Signal line was under the level 0
What to do now?
Short the market immediately
Please do your own proper risk management
#Good Luck to all traders!!!#
Chart Patterns
Trend Analysis
newbietrader_TZW
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