Đô la Canada/Yên NhậtGiá xuống
CADJPY 4-hour - Looking for a retest and fall
Cập nhật
I think the CADJPY played its hand last week, by appearing to break higher only to fail dismally back inside the wedge it's been forming.
Yesterday's break lower suggests more downside is on the cards.
Ideally, I'd like a retest of the lower trendline. Perhaps up near 84.20 or so, and hint of bearishness to latch onto.
If the bears really are in control, we might not see that. That's OK - if price just hovers around where it is now in some sort of consolidation pattern, we'll find a new reason for entry - the overall downside bias is well intact.
Yesterday's break lower suggests more downside is on the cards.
Ideally, I'd like a retest of the lower trendline. Perhaps up near 84.20 or so, and hint of bearishness to latch onto.
If the bears really are in control, we might not see that. That's OK - if price just hovers around where it is now in some sort of consolidation pattern, we'll find a new reason for entry - the overall downside bias is well intact.
Đóng lệnh: đạt mục tiêu
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.