CadJpy- a drop in 80 zone is possible

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Last Friday CadJpy has finished the day putting in a big bearish engulfing on our daily chart and also this bearish engulfing translates in a Pin Bar on the weekly chart.
Yesterday we have a Pin Bar on daily from exactly the same resistance and it looks like the pair is ready for a drop.
In conclusion, rallies against resistance should be sold and 80 zone could be our target.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.