CAD-JPY
Weekly Structure - Downtrend (The price is moving lower since 01st January 2018)
Daily Structure - Uptrend (However Daily trendline has been broken and it's now being re-tested together with another touch on the weekly down trendline (Orange line).
On the 4 hour chart we can also see that price has been constantly rejected on 84.500 (8 candles in a row without the body of the candle closed below this price).
We can see price moving lower until 83.100 (last resistance broken and strong level of support and resistance).
TP1 - 83.900
TP2 - 83.600
TP3 - 83.100
SL - 84.833
R/R - 5.82
Daily Structure - Uptrend (However Daily trendline has been broken and it's now being re-tested together with another touch on the weekly down trendline (Orange line).
On the 4 hour chart we can also see that price has been constantly rejected on 84.500 (8 candles in a row without the body of the candle closed below this price).
We can see price moving lower until 83.100 (last resistance broken and strong level of support and resistance).
TP1 - 83.900
TP2 - 83.600
TP3 - 83.100
SL - 84.833
R/R - 5.82
הערה
We have a small gap on JPY so you can put entry on break even.הערה
Or you can have a small win and see what happens if the price goes up again.הערה
Take profit hittedהערה
Profit 147 Pips
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.