Hey traders, just want to share my thoughts on CADJPY
Pattern Identification
Currently, price has been respecting this ED channel on the H4 chart for the past 3 months.
There is currently no Harmonic patterns that is completing.
Trade Execution
I will personally wait for a rejection at the upper boundary of the H4 channel before I think about executing a short.
No rejection no trade!
Stops have to go above previous high, I will set it around 87.90.
TP will be at 84.90
This trade will be invalidated if a breakout upwards occur at 87.
Pattern Identification
Currently, price has been respecting this ED channel on the H4 chart for the past 3 months.
There is currently no Harmonic patterns that is completing.
Trade Execution
I will personally wait for a rejection at the upper boundary of the H4 channel before I think about executing a short.
No rejection no trade!
Stops have to go above previous high, I will set it around 87.90.
TP will be at 84.90
This trade will be invalidated if a breakout upwards occur at 87.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.