CADJPY ____ INCOMING BEARISH DUMP
Hello Guys,
This pair has entered the weekly FVG but before doing that, it took out enough buy-side liquidity as marked on my chart. The pair had printed a bearish price structure on the monthly timeframe which explains why we should expect a bearish move to the marked TP on my chart.
I will go to lower timeframes most especially the 1-hour timeframe to look for my setup to take an entry short.
That's all folks.
If you have a question regarding this trade idea, let me know.
Cheers,
David
This pair has entered the weekly FVG but before doing that, it took out enough buy-side liquidity as marked on my chart. The pair had printed a bearish price structure on the monthly timeframe which explains why we should expect a bearish move to the marked TP on my chart.
I will go to lower timeframes most especially the 1-hour timeframe to look for my setup to take an entry short.
That's all folks.
If you have a question regarding this trade idea, let me know.
Cheers,
David
Dagangan aktif
The trade idea seems to be playing out but I am currently in GBPJPY short trade. It my Sell Limit was triggered before CADJPY so I had to cancel but as we can see. All is well and good. My trade expectation to my first TP on CADJPY was 17R... that's wild
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.