Bismillah
Hello there, what i see that there is a selling opportunity for CADJPY
1) Price is below MA50, focus for Selling Mode
2) SL is the latest HH, and TP is the line of Daily Resistance, which is giving R2 reward
3) There is Quasimodo pattern had been formed, i expected price might be pullback first before resuming downtrend.
4) Pre TP is whenever price break again MA 50
5) I will hedge, rather than SL, and finding the next selling setup
Thank you for reading.
Hello there, what i see that there is a selling opportunity for CADJPY
1) Price is below MA50, focus for Selling Mode
2) SL is the latest HH, and TP is the line of Daily Resistance, which is giving R2 reward
3) There is Quasimodo pattern had been formed, i expected price might be pullback first before resuming downtrend.
4) Pre TP is whenever price break again MA 50
5) I will hedge, rather than SL, and finding the next selling setup
Thank you for reading.
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.
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.