CADJPY looks clean for a SELL
HTFs - Looking left there is a clue in the heavy bearish momentum which is then followed by a sideways correction. Basically a simple impulse correction on higher time frames and anticipating a further impulse. Price has been ranging for a few weeks but looks to have completed following the 3rd touch rejection at the top of the pattern
LTFs - price has rejected multiple times off the highs at top of structure and then finally just pierced above, and immediately reversed with a short sharp drop
ENTRY - as price was pretty bullish on it's approach to outer structure, I was waiting for the bearish impulse and the first flag. After that happened, entry has already been triggered just on the downside break of the first flag
LTFs - price has rejected multiple times off the highs at top of structure and then finally just pierced above, and immediately reversed with a short sharp drop
ENTRY - as price was pretty bullish on it's approach to outer structure, I was waiting for the bearish impulse and the first flag. After that happened, entry has already been triggered just on the downside break of the first flag
Transaction en cours
Entry triggered just before 09:00 GMTTrade fermée: ordre d’arrêt atteint
-1%
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.