STOP/ENTRY/TP - CADJPY - SHORT - ( 2% )
Re testing the 4 hour 50 EMA as resistance.
Below the 1 hour 50 EMA.
Break down lower of most recent 1 hour candle.
Making lower highs.
BEAR MACD in play.
Looking for 2% ...
Below the 1 hour 50 EMA.
Break down lower of most recent 1 hour candle.
Making lower highs.
BEAR MACD in play.
Looking for 2% ...
Note
I don't think i could have gotten a more wrong bias... Japan in recession, probably should of factored that in. Wasted effort on my drawing above. I feel the effort that went into it deserved the trade to work out. Oh well. Thanks for the likes anyway.
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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.