UnknownUnicorn2349278

CADJPY Daily Pitchfork Short

Satış
FOREXCOM:CADJPY   Kanada Doları / Japon Yeni
CADJPY

I marked the pitchfork from the pivots on the weekly chart from June, September, and October.

Confirmed with the Daily RSI and the Daily chart.

It's very slight but there appears to be a bearish divergence on the RSI.
I've only started dabbling in RSI divergences so I wouldn't consider this a confirmation, but it's worth noting.

After looking at the 30M chart I am confident entering a short position.
The Daily RSI is not what I like to see so my stop loss will be tight, probably only risk 0.5-1% with the TP at the median line.
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.