On the 1 hour timeframe CAD JPY has formed a Head and Shoulders reversal pattern.
The price is currently at the right shoulder which is our entry level, we need to wait for candlesticks confirmation from this level before taking our sell. ⏰
Note: This pattern was formed in a Daily resistance level.
The price is currently at the right shoulder which is our entry level, we need to wait for candlesticks confirmation from this level before taking our sell. ⏰
Note: This pattern was formed in a Daily resistance level.
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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.