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
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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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.