GOING Long in CADJPY Trading Strategy
Bullish Indications
1. Tweezer Bottom and 3 White Soldiers
2. Tested Strong Support
3. Bullish AB=CD Pattern
4. Bearish Trend is Mature Enough
5. Need to Break Resistance Upper Trend Line
6. Found a very strong bullish divergence on 1D
7. Falling Wedge
8. 11 out of 16 times remain bullish
Bearish Indications
1. Lower highs and Lows
2. If it breaks support then we can enter
Seasonal Data 2006-2021
Dec-06 => Green
Dec-07 => Green
Dec-08 => Red
Dec-09 => Green
Dec-10 => Green
Dec-11 => Red
Dec-12 => Green
Dec-13 => Green
Dec-14 =>Red
Dec-15 => Red
Dec-16 => Green
Dec-17 => Green
Dec-18 => Red
Dec-19 => Green
Dec-20 => Green
Dec-21 => Green
1. Tweezer Bottom and 3 White Soldiers
2. Tested Strong Support
3. Bullish AB=CD Pattern
4. Bearish Trend is Mature Enough
5. Need to Break Resistance Upper Trend Line
6. Found a very strong bullish divergence on 1D
7. Falling Wedge
8. 11 out of 16 times remain bullish
Bearish Indications
1. Lower highs and Lows
2. If it breaks support then we can enter
Seasonal Data 2006-2021
Dec-06 => Green
Dec-07 => Green
Dec-08 => Red
Dec-09 => Green
Dec-10 => Green
Dec-11 => Red
Dec-12 => Green
Dec-13 => Green
Dec-14 =>Red
Dec-15 => Red
Dec-16 => Green
Dec-17 => Green
Dec-18 => Red
Dec-19 => Green
Dec-20 => Green
Dec-21 => Green
Trade closed: stop reached
It hits my SL due to CPI News
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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.
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.