Get started
VladimirRibakov

CADJPY Bearish idea

Short
Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
VladimirRibakov  
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Multiple Time Frame Analysis Technical Indicators CADJPY Bearish Patterns SELL psychologicalroundnumber bearishdivergence bearishconvergence pullbacks
2
0
trendanalysis mtfa indicator cadjpy bearish sell psychologicalroundnumber bearishdivergence bearishconvergence pullbacks
W1 - Price respected the psychological level 110 and bounced lower.

Bearish convergence.

D1 - Currently it looks like a pullback is happening.

No opposite signs.

Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
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.