FullTimeTrader
Short

CADJPY-double top with divergence

FX:CADJPY   Canadian Dollar/Japanese Yen
913 6 27
a year ago
Price action here looks very bearish .
Price was rejected from a strong S/R, formed a double top and now seems to be starting a decline.

- Double top with bearish divergence on MACD
- multiple pinbars near the resistance
- Strong S/R
- weekly ema 200 resistance (see below)
snapshot

- 0.61 fib retracement from last highs

snapshot

I would sell here against last high.

best regards.
a year ago
Comment: first target hit, moving SL to BE
a year ago
Trade closed: target reached: all targets reached, now looking for long setups
ChatchaiVong
a year ago
thank so much
Reply
Piet.Hein
a year ago
Great trade! I just took it this week!
CADJPY Short - I
Reply
FullTimeTrader Piet.Hein
a year ago
Your entry was great also, waiting for a confirmation is also valid. Regards.
Reply
Piet.Hein FullTimeTrader
a year ago
Thanks! :)
Reply
Great trade!
Reply
BuySellBuySell
a year ago
Great trade Mister!! Well done.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out