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TheSignalyst
Feb 18, 2020 9:36 PM

CADJPY Potential Bearish Movement Short

Canadian Dollar/Japanese YenFXCM

Description

CADJPY Potential Bearish Movement

we are waiting for a momentum candle close below 82.60 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Wedge Pattern (in blue)
3- Objective Double Top Pattern (in blue)

Three confluences are enough to consider Selling CADJPY, after a break below 82.6 (in gray)
Comments
misiak
news always beat TA
transparent-fx
I will be looking for this development on cadjpy, interesting pair
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