CADJPY - SHORT
Why are we entering?
- Price broke the ascending trendline = bearish
- Expecting further CAD weakness & JPY strength = CADJPY SHORT
What are we waiting for to happen?
- Waiting for the next pullback so we can draw WFB
What is our confirmation?
- rejection of structure and EMA
- Waiting to draw WFB
Entry
Safe Entry: Rejection of structure and EMA and then WFB once correction appears
Risk Entry 1: Rejection of structure and EMA
Once entered, where will our Stoploss be?
- above the rejected price (ideally above EMA )
Where do we take profits?
- First TP: 88
- Second TP: 86
Why are we entering?
- Price broke the ascending trendline = bearish
- Expecting further CAD weakness & JPY strength = CADJPY SHORT
What are we waiting for to happen?
- Waiting for the next pullback so we can draw WFB
What is our confirmation?
- rejection of structure and EMA
- Waiting to draw WFB
Entry
Safe Entry: Rejection of structure and EMA and then WFB once correction appears
Risk Entry 1: Rejection of structure and EMA
Once entered, where will our Stoploss be?
- above the rejected price (ideally above EMA )
Where do we take profits?
- First TP: 88
- Second TP: 86
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.