TradingView
Rick_69ro
Sep 6, 2017 9:13 PM

CAD / JPY 4H - SHORT position is favoured Short

Canadian Dollar/Japanese YenFXCM

Description

Reason: RSI divergence quite strong. Return to the median line app 88.500 should be the target. Go to lower time frame of 15M and see H&S pattern for reversal but watch for retest of neckline before entering short position. Enjoy.

Comment

Now we have on 1h chart a shooting star and a hanging man near. Both are bearish patterns. This pair should collapse soon..
More