CADJPY BEARISH REVERSAL FORMED
Hello everyone, I am Hadi Karaali, known as Sniper_FX
if you like the idea, do not forget to support with a like and follow.
CADJPY, QUICK UPDATE.
As we can see price is sitting around a strong resistance zone, where we will be looking for new bearish reversal setups.
Meanwhile, from a shorter-term perspective, price formed a valid major swing low,
And for the bears to kick in, we need a momentum candle close below the marked swing low, then a movement lower would be expected.
1-2 Risk to reward ratio, from a risk management perspective.
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
if you like the idea, do not forget to support with a like and follow.
CADJPY, QUICK UPDATE.
As we can see price is sitting around a strong resistance zone, where we will be looking for new bearish reversal setups.
Meanwhile, from a shorter-term perspective, price formed a valid major swing low,
And for the bears to kick in, we need a momentum candle close below the marked swing low, then a movement lower would be expected.
1-2 Risk to reward ratio, from a risk management perspective.
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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