CADJPY - Bearish Trend Continuation
PAIR IN FOCUS: CADJPY
ACTION: SHORT
Observing for a retrace of price to the nearest support/resistance level, reject it, and continue its downward trajectory. A retrace would provide better R:R for any trades.
The Entry Zone encompasses nearest support/resistance level that coincides with Fibonacci Retracement levels (i.e. 38.2, 50 and 61.8).
TP Level is a strong support level where price had been ranging and supported.
The Entry Zone, TP level and Stop Loss have been indicated on the chart.
Feel free to leave comments and discuss your analysis with me.
ACTION: SHORT
Observing for a retrace of price to the nearest support/resistance level, reject it, and continue its downward trajectory. A retrace would provide better R:R for any trades.
The Entry Zone encompasses nearest support/resistance level that coincides with Fibonacci Retracement levels (i.e. 38.2, 50 and 61.8).
TP Level is a strong support level where price had been ranging and supported.
The Entry Zone, TP level and Stop Loss have been indicated on the chart.
Feel free to leave comments and discuss your analysis with me.
İşlem kapandı: durdurma seviyesi
Stop Loss reached
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.
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.