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Stargazer_fx
Oct 13, 2020 6:59 AM

CADJPY, price showing rejection from resistance structure... Short

Canadian Dollar/Japanese YenFXCM

Description

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CADJPY
price is showing rejection from the resistance,if price stays below the resistance I expect the price to continue lower


For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..


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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Comments
Brain_haddin
Nice work...++
Stargazer_fx
PolarHusk
Might be a Bearish retest. Thanks for sharing your idea 🐻‍❄️😃
Stargazer_fx
@PolarHusk, yes mate,lets see
Fisher_Fx
great set up thanks
Stargazer_fx
@Fisher_Fx thanks buddy
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