CADJPY reverse signal appear

22 févr. 2021Daily

• Testing the key resistance ( purple line )
  
• Weak bullish momentum showed from the MACD due to the exhaustion of the histogram
  
• RSI indicated a death cross at the 80 levels and ready to turn down
  

H4

• reversal signal formed (yellow box)
  
• MACD histogram shows the exhaustion of bullish momentum
  
• Death cross formed at RSI
  

What to do now?

• Short the market immediately
  
• Please do your own proper risk management
  

#Good Luck to all traders!!!#