Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on H4: Left Chart
CADJPY is sitting around a daily resistance and round number 100.0 so we will be looking for sell setups on lower timeframes.
on H1: Right Chart
CADJPY formed a head and shoulders pattern but it is not ready to go yet.
🏹 Trigger => for the bears to take over, we need a momentum candle close below the gray neckline to sell.
Meanwhile, until the sell is activated, CADJPY can still trade higher inside the resistance 100 - 101
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on H4: Left Chart
CADJPY is sitting around a daily resistance and round number 100.0 so we will be looking for sell setups on lower timeframes.
on H1: Right Chart
CADJPY formed a head and shoulders pattern but it is not ready to go yet.
🏹 Trigger => for the bears to take over, we need a momentum candle close below the gray neckline to sell.
Meanwhile, until the sell is activated, CADJPY can still trade higher inside the resistance 100 - 101
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.