Dollar Kanada / Yen JepangPenjualan
CAD/JPY.. failing to break above resistance level.
The CAD/JPY pair seems to lack the pressure to break above the 103.600 resistance level.
Taking a good look at the RSI indicator, its also failing to make a higher high to correspond with the movement of the price chart.
so, price is at a resistance level and has slightly made a higher high, however the RSI has fail to make consistent move in line with price chart therefore making a divergence setup.
I had gone gone short with an entry at 103.489..(my entry was taking from a lower timeframe-15mins chart). SL.103.700.. TP.102.000..
MAY THE MARKETS BE WITH YOU!!!
Taking a good look at the RSI indicator, its also failing to make a higher high to correspond with the movement of the price chart.
so, price is at a resistance level and has slightly made a higher high, however the RSI has fail to make consistent move in line with price chart therefore making a divergence setup.
I had gone gone short with an entry at 103.489..(my entry was taking from a lower timeframe-15mins chart). SL.103.700.. TP.102.000..
MAY THE MARKETS BE WITH YOU!!!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.