Analysis of #CADJPY
Hello friends,
price has been trading between support and resistance, if you remember the last post I did on this pair it had a head and shoulder pattern
I will leave a link below this idea for you to check.
I am still planning for a short trade now that we have not yet reached the support level I still can play for a short.
for me it is always the stop placement that matters the most, i need my stop placed in the safest place possible if there is such a thing, but I think you get the idea.
the best place is beyond 82.00 important level and structure resistance level.
so if the price makes a retracement to near structure level I will look to sell this pair if provided me a valid reason to target structure level
I hope you will give this idea the support it needs from you, likes comments, and follow
🙏Appreciate the likes, comments, and follow
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
Hello friends,
price has been trading between support and resistance, if you remember the last post I did on this pair it had a head and shoulder pattern
I will leave a link below this idea for you to check.
I am still planning for a short trade now that we have not yet reached the support level I still can play for a short.
for me it is always the stop placement that matters the most, i need my stop placed in the safest place possible if there is such a thing, but I think you get the idea.
the best place is beyond 82.00 important level and structure resistance level.
so if the price makes a retracement to near structure level I will look to sell this pair if provided me a valid reason to target structure level
I hope you will give this idea the support it needs from you, likes comments, and follow
🙏Appreciate the likes, comments, and follow
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
Note
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.
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.