CADJPY / H1 / SHORT
CADJPY may experience a decline from the Bearish Order Block
The price is currently located within a Bearish Order Block.
Bearish Order Block:
109.094 - 108.895
Based on Smart Money Concepts (SMC), there is a high probability that CADJPY will face downward pressure from this area. Let's watch how the price reacts to this order block and see if it follows through with a downtrend.
Entry price :- 109.094 - 108.895
Take Profit :- 108.357
Stop Loss :- 109.469
The price is currently located within a Bearish Order Block.
Bearish Order Block:
109.094 - 108.895
Based on Smart Money Concepts (SMC), there is a high probability that CADJPY will face downward pressure from this area. Let's watch how the price reacts to this order block and see if it follows through with a downtrend.
Entry price :- 109.094 - 108.895
Take Profit :- 108.357
Stop Loss :- 109.469
Trade active
lets see how price reactsTrade closed: stop reached
hits sl
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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.