CADJPY SHORT
Analysis
-CADJPY daily candle closed as a spinning top or indecision candle at a solid resistance level.
-Price overall is near the top of a symmetrical triangle (daily pattern = strong)
-Stoch/CCI/RSI all near overbought area
Trigger
Set pending sell stop on the break of the spinning top candle's lows.
Trade
Set stops above the highs of the spinning top and targets around 84.60. A solid 1:2 risk to reward ratio could be achieved as targets fall within the range.
High probability setup with good risk:reward.
-CADJPY daily candle closed as a spinning top or indecision candle at a solid resistance level.
-Price overall is near the top of a symmetrical triangle (daily pattern = strong)
-Stoch/CCI/RSI all near overbought area
Trigger
Set pending sell stop on the break of the spinning top candle's lows.
Trade
Set stops above the highs of the spinning top and targets around 84.60. A solid 1:2 risk to reward ratio could be achieved as targets fall within the range.
High probability setup with good risk:reward.
Trading ditutup: stop tercapai
Pernyataan Penyangkalan
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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.