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CADJPY 2W: SHORT IT! +2000 pips TP BEARS. SHORT/HOLD(NEW/SWING) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT as I expect more losses. HOWEVER. Entry from overhead. read entire idea before executing this trade.
🔸 Summary and potential trade setup ::: CADJPY 2weeks/candle chart review ::: H&S setup in progress ::: speculative setup do your own DD ::: breakdown in progress ::: BEARS taking over ::: USDJPY in BEAR MODE ::: expecting losses to accelerate soon ::: BEARS short at market or seek ::: to SHORT any rips/bounces ::: lower risk strategy: ::: final TP BEARS is 65.00 +2000 pips ::: confirmed RS=LS reversal ::: price already breaking down now ::: recommend to SHORT/HOLD ::: recommended strategy: SHORT/HOLD ::: TP BEARS is +2000 pips ::: FINAL TP is 65.00 ::: neckline level is 75.00 +1000 pips ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: 2700 fresh demand zone ::: 3250 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS/REVERSAL/C ::: Sentiment outlook mid-term: BEARS
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