Hey, Hey Hey! Welcome back to another week and another opportunity to be great. Below you'll find my chart analysis for CADJPY and why I believe it's going to short.
The major move for CJ is believed to be short for the following reasons:
-Price is at the upper extreme of a price channel
-At this extreme price has made lower highs and because of the number of bearish movements originating from the same area it is believed there is a lot of liquidity in the area
-Price is in a weakening secondary bullish trend with a primary bearish trend
I hope you find value in my analysis. Happy trading this week!
The major move for CJ is believed to be short for the following reasons:
-Price is at the upper extreme of a price channel
-At this extreme price has made lower highs and because of the number of bearish movements originating from the same area it is believed there is a lot of liquidity in the area
-Price is in a weakening secondary bullish trend with a primary bearish trend
I hope you find value in my analysis. Happy trading this week!
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.