CADJPY BEARS TRIGGER
Hello everyone, I am Hadi Karaali, known as Sniper_FX
if you like the idea, do not forget to support with a like and follow.
Around a strong supply zone!
As we can see price is sitting around a massive supply zone, where we will be looking for new bearish movements,
Meanwhile, from a shorter-term perspective, price is still overall bullish trading inside this channel, and for the bears to kick in and prove control we need a momentum candle close below our major swing low marked on the chart.
Then a movement lower would be expected.
And as usual 1-2 Risk to reward ratio, from a risk management perspective.
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
if you like the idea, do not forget to support with a like and follow.
Around a strong supply zone!
As we can see price is sitting around a massive supply zone, where we will be looking for new bearish movements,
Meanwhile, from a shorter-term perspective, price is still overall bullish trading inside this channel, and for the bears to kick in and prove control we need a momentum candle close below our major swing low marked on the chart.
Then a movement lower would be expected.
And as usual 1-2 Risk to reward ratio, from a risk management perspective.
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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