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newbietrader_TZW

CADJPY breakout of triangle pattern

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
newbietrader_TZW  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
H1
  • Retested the trendline ( purple line ) indicating a clear downward signal
  • Weaker and weaker bullish momentum show by MACD indicators
  • MACD 's histogram formed under level 0 indicates bearish momentum coming in
  • MACD line and Signal line was under the level 0

What to do now?
  • Short the market immediately
  • Please do your own proper risk management
#Good Luck to all traders!!!#
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