TradingView
VaidoVeek
Feb 25, 2019 6:55 AM

CADJPY - Sell Opportunity! Short

Canadian Dollar/Japanese YenFXCM

Description

Hey followers and other TradingView users!

Several price reversal/rejection criteria are on the blue box and a possible bounce downwards could be possible inside the mentioned blue area.
Wait for rejection after an orange line and the black trendline touch. If the price breaks through from them then we have also - just a little bit higher (still, inside the box) - Fibonacci golden ratio 62% (red dotted line) which should work as a resistance!

As always You can enter right away but better would be a bearish candlestick pattern confirmation!


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Have a nice day!
Cheers!


*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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