Hello Everyone!
How are you all?
CadJpy is a pair to watch for during the coming week, because it is shaping up very nicely for a sell reversal that we can capitalize on.
So, I will be looking for a sell reversal for the because of the following reasons:
1. Potential Double Top
2. The price is approaching the value area correctively
The more confluence factors will be to see the price take out 109.52 level and close back in into the level.
Then, the entry trigger will be to see a sell impulse followed by a 15m/H1 correction.
How are you all?
CadJpy is a pair to watch for during the coming week, because it is shaping up very nicely for a sell reversal that we can capitalize on.
So, I will be looking for a sell reversal for the because of the following reasons:
1. Potential Double Top
2. The price is approaching the value area correctively
The more confluence factors will be to see the price take out 109.52 level and close back in into the level.
Then, the entry trigger will be to see a sell impulse followed by a 15m/H1 correction.
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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.