Analysis of #CADJPY
Hello friends,
price has been trading between support and resistance, if you remember the last post I did on this pair it had a head and shoulder pattern
I will leave a link below this idea for you to check.
I am still planning for a short trade now that we have not yet reached the support level I still can play for a short.
for me it is always the stop placement that matters the most, i need my stop placed in the safest place possible if there is such a thing, but I think you get the idea.
the best place is beyond 82.00 important level and structure resistance level.
so if the price makes a retracement to near structure level I will look to sell this pair if provided me a valid reason to target structure level
I hope you will give this idea the support it needs from you, likes comments, and follow
🙏Appreciate the likes, comments, and follow
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
Hello friends,
price has been trading between support and resistance, if you remember the last post I did on this pair it had a head and shoulder pattern
I will leave a link below this idea for you to check.
I am still planning for a short trade now that we have not yet reached the support level I still can play for a short.
for me it is always the stop placement that matters the most, i need my stop placed in the safest place possible if there is such a thing, but I think you get the idea.
the best place is beyond 82.00 important level and structure resistance level.
so if the price makes a retracement to near structure level I will look to sell this pair if provided me a valid reason to target structure level
I hope you will give this idea the support it needs from you, likes comments, and follow
🙏Appreciate the likes, comments, and follow
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
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