Price broke out of a weekly descending channel( Reversal pattern)
On a daily chart, you can see price broke out correctively meaning price could move down first for a pullback and then move to the upside
Price has also formed a double top on the uptrend line & wick taking out the previous top
Waiting for a neckline break impulsively and an LTF correction
Bearish BIAS
Price Moving almost exactly as I had forecasted
checkout my previous CADJPY post below
Link in BIO !!!!!!!!!!!
On a daily chart, you can see price broke out correctively meaning price could move down first for a pullback and then move to the upside
Price has also formed a double top on the uptrend line & wick taking out the previous top
Waiting for a neckline break impulsively and an LTF correction
Bearish BIAS
Price Moving almost exactly as I had forecasted
checkout my previous CADJPY post below
Link in BIO !!!!!!!!!!!
Trade closed: stop reached:
