CAD/JPY – H4 Analysis (As per My chart)
Market Structure
Overall trend was bullish, price respected the ascending trendline + Ichimoku cloud.
Price has formed a clear Double Top near the highs.
Recent candles show breakdown below momentum, signaling a bearish correction.
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📉 Sell Scenario
Sell Zone: 112.30 – 112.80
🎯 Targets
Target 1: 109.50
Target 2: 106.50
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❌ Invalidation
A strong H4 close above 113.80 will invalidate the bearish setup.
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📌 Summary
Pattern: Double Top
Bias: SELL
Expectation: Price to move down toward lower demand zones
Market Structure
Overall trend was bullish, price respected the ascending trendline + Ichimoku cloud.
Price has formed a clear Double Top near the highs.
Recent candles show breakdown below momentum, signaling a bearish correction.
---
📉 Sell Scenario
Sell Zone: 112.30 – 112.80
🎯 Targets
Target 1: 109.50
Target 2: 106.50
---
❌ Invalidation
A strong H4 close above 113.80 will invalidate the bearish setup.
---
📌 Summary
Pattern: Double Top
Bias: SELL
Expectation: Price to move down toward lower demand zones
Trade attivo
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
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📲 Join telegram channel free .
telegram.me/addlist/LGOKg8UNFNQwMGI0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
t.me/LucasRobert05
telegram.me/addlist/LGOKg8UNFNQwMGI0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
t.me/LucasRobert05
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
