Optimum369

20 Reason for Sell CADJPY

Short
FX:CADJPY   Dollar canadien / Yen japonais
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Sideways Since 1998
2 📆Monthly: Rejected at upper range level
3 📅Weekly: a clear choice formatted price goes down
4 🕛Daily: Made 2 higher low and lower low clear bear structure

😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bear
6: 2 Pattern Candle Chart: Momentum candles /Support breakout M pattern is also completed
7: 3 Volume: High volume inside the trend
8: 4 Momentum UNCONVENTIONAL Rsi: Below 40 super bearish shift range from sideways to bear
9: 5 Volatility measure Bollinger bands: Walking on the band and now start for down 2 2nd wave
10: 6 Strength ADX: the bear is in power
11: 7 Sentiment ROC: clear JPY is weaker than CAD, but this time, JPY are in correction MOOD

✔️ Entry Time Frame: h4
12: Entry TF Structure: bear
13: entry move: move is Corrective
14: Support resistance base: FVG/OB
15: FIB: Wait

☑️ final comments: Sell
16: 💡decision: Short
17: 🚀Entry: 103.515
18: ✋Stop losel:104.548
19: 🎯Take profit:97.263
20: 😊Risk to reward Ratio: 1:6
🕛 Excepted Duration:30

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.