CADJPY is close to completing the Bullish Bat pattern at 85.10.
This could potentially be a good trade for the following reasons :
- The Equidistance Channel, although not perfect, gives a good support
- The RSI is already moving into the oversold region
- These last 2 H4 candles shows some slowing down of the decline
However we have to watch the proce reaction at the completion @85.10
This could potentially be a good trade for the following reasons :
- The Equidistance Channel, although not perfect, gives a good support
- The RSI is already moving into the oversold region
- These last 2 H4 candles shows some slowing down of the decline
However we have to watch the proce reaction at the completion @85.10
노트
Bullish Bat completed. I am still not in this trade as I would like to see some reaction at the PRZ and also I am already in a long position for USDJPY (which is a highly correlated pair to CADJPY).See :
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.