CADJPY: Bearish Setup Explained 🇨🇦🇯🇵
https://www.tradingview.com/x/juye7TlR/
CADJPY is trading in a rising wedge pattern on 4H.
And I guess you would agree with me that the pair looks quite overbought.
As a confirmation, I spotted a head and shoulders pattern on 1H time frame
with a confirmed neckline breakout.
We already shorted the pair with my students.
A bearish move is expected at least to the support of the wedge.
❤️Please, support my work with like, thank you!❤️
CADJPY is trading in a rising wedge pattern on 4H.
And I guess you would agree with me that the pair looks quite overbought.
As a confirmation, I spotted a head and shoulders pattern on 1H time frame
with a confirmed neckline breakout.
We already shorted the pair with my students.
A bearish move is expected at least to the support of the wedge.
❤️Please, support my work with like, thank you!❤️
âś…Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
đź’°Instagram: instagram.com/VasilyTrader/ đź’°
âś…Facebook: facebook.com/VasilyTrading/ âś…
❗️YouTube Channel youtube.com/c/VasilyTrader
đź’°Instagram: instagram.com/VasilyTrader/ đź’°
âś…Facebook: facebook.com/VasilyTrading/ âś…
Publications connexes
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.