CADJPY breakout of triangle pattern

H1
  • Retested the trendline ( purple line ) indicating a clear downward signal
  • Weaker and weaker bullish momentum show by MACD indicators
  • MACD 's histogram formed under level 0 indicates bearish momentum coming in
  • MACD line and Signal line was under the level 0


What to do now?
  • Short the market immediately
  • Please do your own proper risk management

#Good Luck to all traders!!!#
Chart PatternsTrend Analysis

Exención de responsabilidad