CADJPY is currently approaching a strong supply zone marked in red 🔍
At the same time, price has been trading within the rising blue channel, reflecting short-term bullish momentum. However, this bullish move is now approaching a major reaction area where sellers could step in again.
I am interested in shorting CADJPY once the rising blue channel is broken downward 📊
A bearish breakout below the channel would signal that the bulls are losing momentum and could trigger a deeper correction from the current supply zone.
Will the bears finally take over from this resistance area? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
At the same time, price has been trading within the rising blue channel, reflecting short-term bullish momentum. However, this bullish move is now approaching a major reaction area where sellers could step in again.
I am interested in shorting CADJPY once the rising blue channel is broken downward 📊
A bearish breakout below the channel would signal that the bulls are losing momentum and could trigger a deeper correction from the current supply zone.
Will the bears finally take over from this resistance area? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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Trusted Crypto Prop Firm
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📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.