Pay attention to this! CAJPY Structure zone
Hey guys,
this is a pair on my radar this week, price has been in a heavy uptrend and now has reached a possible reversal zone (because of daily structure). On lower timeframes there's no confirmation yet, but let's see how it plays out. Very overbought condition makes me think we could see a reversal right here. Let's see.
If you have questions or you want to share your view, feel free to comment below.
Otherwise, see you in the next chart!
this is a pair on my radar this week, price has been in a heavy uptrend and now has reached a possible reversal zone (because of daily structure). On lower timeframes there's no confirmation yet, but let's see how it plays out. Very overbought condition makes me think we could see a reversal right here. Let's see.
If you have questions or you want to share your view, feel free to comment below.
Otherwise, see you in the next chart!
Trade active:
Trade closed: target reached:
Stop at breakeven now.