My Analysis show that CAD is extremely overbought and that JPY is extremely oversold. This increases the probability of any technical setup that form to be correct.
Furthermore, We have seen a Bearish Divergence setup forming for the past few weeks on the 4H timeframe. Look for any bearish setup to take a short position.
R:R, 1:8 - (Initial, this will change as the trade develops.)
Good Luck :-)
Furthermore, We have seen a Bearish Divergence setup forming for the past few weeks on the 4H timeframe. Look for any bearish setup to take a short position.
R:R, 1:8 - (Initial, this will change as the trade develops.)
Good Luck :-)
הערה:
Give the CAD some time to weak before entering the trade.