Sell Opportunity on CADJPY
Looking at CadJpy, price seems to be creating bearish structure ever since we've rejected away from the weekly resistance level. This could signal us that more downtrend structure is in store.
Looking at the 4H timeframe, price is currently sitting around a significant H4 level that is acting as support. If price could crack this support and retest as resistance, this would be an interesting sell opportunity. I'm definitely keeping my eyes peeled for this one.
Looking at the 4H timeframe, price is currently sitting around a significant H4 level that is acting as support. If price could crack this support and retest as resistance, this would be an interesting sell opportunity. I'm definitely keeping my eyes peeled for this one.
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.