Ben-jamine_TradeGod_1111

CAD/JPY → 90.5 :: THE CLARITY IN THE POLARITY :: TRADEGOD

Short
FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
CADJPY

TRADE INSTRUCTIONS:

  • Sell any highs over the Red lines horizontally stemming from the Red circles and take profit at either Aqua coloured line. Levels are also available on the chart for use with ordered trades.
  • This means any new daily highs are sells accordingly.

CAD/JPY and its true value is currently in the range of 90.636 - 90.511 and 2022 in a whole saw some good impulsive moves to the upside although that bull is hibernating this Christmas as expansion and subsequently accumulation ended last week. The last leg of the expansion phase through Aug and into Sept was extremely impulsive in structure but Like the rains fall onto mountain tops and begin a legendary journey back to sea so will this asset rain on the buyers and wash away profits of those who do no perceive the unseen reality and cycles at play here.

Moral of the statement is to "go with the flow", the path of least resistance. ENJOY.

Trade active
Comment:
Also, due to the degree of sell resolution with this idea it has the added bonus and compulsory nature that all lower highs on all time frames with a lower time degree, i.e. 4h, 1h, 15m... are sell entries! Epic...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.