Short-Term CadJpy Sell
1) D1 shows uptrend but right now it seems like it pause for a moment. Bullish trend seems "exhausted" and have to come down for a while(in my opinion)
2) Zooming in to 15 minute chart we can see a Rally Base Drop, thus forming a possible supply zone.
3) Stoploss should be place just a few pips above the Supply Zone in case market continues to rally.
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This is just my idea, any idea just comment below. We can't control the market. Good luck!! :D
2) Zooming in to 15 minute chart we can see a Rally Base Drop, thus forming a possible supply zone.
3) Stoploss should be place just a few pips above the Supply Zone in case market continues to rally.
.
.
This is just my idea, any idea just comment below. We can't control the market. Good luck!! :D
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