CADJPY Sell - Downward Channel
W
Weekly supply is in control. Weekly Demand not being respected.
D
Trending downward in a Channel formation. New Daily Supply forming. Room to run to nearest Daily Demand zone
240
Supply zone is a little close to the nearest Demand, but I'm estimating that the formation will be respected.
TP
3:1 goal. Profit taking strategy to take half off at 1:1, then run rest of lots to 3:1.
Weekly supply is in control. Weekly Demand not being respected.
D
Trending downward in a Channel formation. New Daily Supply forming. Room to run to nearest Daily Demand zone
240
Supply zone is a little close to the nearest Demand, but I'm estimating that the formation will be respected.
TP
3:1 goal. Profit taking strategy to take half off at 1:1, then run rest of lots to 3:1.
Order cancelled
Just missed entry.
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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.