That's a follow-up of the Short Term Bearish Idea _ CADJPY M15 shared earlier today.
1- No Valid BO of the TL.
2- The price action has created a New HH, thus Invalidating Convergence.
3- Hence the idea is Invalidated.
NO VALID ENTRY NO TRADE.
There is Hidden Bearish Divergence on H1 and H4.
So we will continue to look for Sell Setups.
1- No Valid BO of the TL.
2- The price action has created a New HH, thus Invalidating Convergence.
3- Hence the idea is Invalidated.
NO VALID ENTRY NO TRADE.
There is Hidden Bearish Divergence on H1 and H4.
So we will continue to look for Sell Setups.
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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.