CAD/JPY Near The Best Area For Sell , 200 Pips Waiting !
Here is my opinion on 4H T.F On CAD/JPY Chart , the price very near to touch a very strong res area that forced the price to respect it and go down for more than 300 pips for 2 times , and if we checked the chart we will see that the price is going up very hard without any good correction so we need a break and for a good retracement , and need a very strong res area to force the price to go down at least for 100 to 150 pips so i choose this area cuz it`s the highest place the price touch it and it respect it very much and go down very hard as it go up very hard , i`m waiting the price at this area i mentioned also on the chart to sell if we have a good rejection and good bearish Price Action to confirm it and targeting from 100 to 200 pips . if we have a daily closure above my res area this idea will not be valid anymore .
Entry Reasons :
1- Very Strong Daily & Weekly Res Area .
2- Perfect Bearish Price Action Last 2 Times .
3- Bigger Time Frames Confirmed .
4- Reversal Pattern On 1H T.F
Entry Reasons :
1- Very Strong Daily & Weekly Res Area .
2- Perfect Bearish Price Action Last 2 Times .
3- Bigger Time Frames Confirmed .
4- Reversal Pattern On 1H T.F
Operación activa
The Price Touch Our Sell Area And Moved +50 Pips Operación cerrada: objetivo alcanzado
The Price Touch Our Sell Area And Go To Downside For More Than 250 Pips 
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.