Trading Idea Regarding CADJPY

2022年1月15日

According to my analysis CADJPY is going Bearish For Upcoming Week
1- As it made W Shape Chart Pattern break above the Neck Line and go up.... Now Price is going to retest the neck line that has made on daily time frame

2- Price is making nice Quasimodo chart pattern on 4 Hour Time Frame also Suggest it Bearish behavior for the upcoming week

3- Price has break above from 200EMA its possible that it will retest the 200EMA after Breakout

2022年1月18日

註釋

i moved SL above highest high still bearish in this currency pair

2022年1月19日

註釋

Today is Wednesday and price printed out new levels......
these new levels( price structure has made "New HL" ) has invalidated the ideal "Quasimodo chart pattern" but i am still optimistic of bearish move of this pair untill it break out "highest high level"