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glennmercer
27 de Dic. de 2016 14:57

CADJPY Long: SMA Cluster + Unhit Pivots Largo

Canadian Dollar/Japanese YenFXCM

Descripción

Hey traders! Here's a ranging pair up against a solid amount of support. The pair could break out toward the unhit pivot cluster. If the bullish trendline is broken, I will re-evaluate the position. For now, bias is bullish on the short-term. Cheers!

Operación activa

Resistance Broken at 86.83: Long Active.

Operación cerrada: precio stop alcanzado

Long-term SMA pierced, bias is now short. Will be looking for bearish impulses:

Comentarios

Completely missed the bearish impulse we were waiting for, but price action behaved as expected with lots of resistance to push price further down. Check it out:
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