CADJPY - SHORT
Why are we entering ?
- Approaching major resistance level
- Expecting further CAD weakness & JPY strength = CADJPY SHORT
What are we waiting for to happen? - Rejection price action of the recent support - possible retest of EMA What is our confirmation? - Retest of 4H EMA - break of WFB once created Entry SAFE Entry : Rejection of 4H EMA and WFB once created Risk Entry 1: Rejection of 4H EMA Once entered, where will our Stoploss be? - above the rejected price
What are we waiting for to happen? - Rejection price action of the recent support - possible retest of EMA What is our confirmation? - Retest of 4H EMA - break of WFB once created Entry SAFE Entry : Rejection of 4H EMA and WFB once created Risk Entry 1: Rejection of 4H EMA Once entered, where will our Stoploss be? - above the rejected price
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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.