Here on CADJPY I have a trend suggesting it's bearish.
Downtrend
- That can be seen on the Weekly and Daily and on the 4HR charts.
-The SMI (Stochastic Momentum Index) sees a down move.
-Market broke out of the range and force down.
Opportunity to continue with my friend, TREND.
Harmonics
- Stochastic is oversold
- A Gartley pattern is formed and a great opportunity to buy with great R:R
Any help on the Analysis would be appreciated.
Downtrend
- That can be seen on the Weekly and Daily and on the 4HR charts.
-The SMI (Stochastic Momentum Index) sees a down move.
-Market broke out of the range and force down.
Opportunity to continue with my friend, TREND.
Harmonics
- Stochastic is oversold
- A Gartley pattern is formed and a great opportunity to buy with great R:R
Any help on the Analysis would be appreciated.