CADJPY, long term swing?
CADJPY / 1W
Hello traders, welcome to another market breakdown.
CADJPY has been trading in bullish trend this year. However, price action on the weekly time frame seggusts a deep bull back or a reverse around previous highs.
Bears want somekind of a lower high, double top, or micro-double top to make this trade with high probability.
Checkout the chart for what I'll be waiting for and monitering on lower time frame to get a short position.
Trade safe,
Trader Leo.
Hello traders, welcome to another market breakdown.
CADJPY has been trading in bullish trend this year. However, price action on the weekly time frame seggusts a deep bull back or a reverse around previous highs.
Bears want somekind of a lower high, double top, or micro-double top to make this trade with high probability.
Checkout the chart for what I'll be waiting for and monitering on lower time frame to get a short position.
Trade safe,
Trader Leo.
Note
Still waitingTransaction en cours
T1 is done
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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.