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DanielParra99
Jun 1, 2018 4:52 AM

CADJPY (2618) -15M Chart Short

CAD/JPYOANDA

Description

Confirmations for 2618:
- double Top
- measure bearish impulse
- retracement at 0.618 (on this case a pullback)
- sell towards -0.27 (take profit)
Double Top + 0.618 = 2618
Good Trading.

Comment

Major retracement at 0.786

Comment

Consolidated all the way to 0.786 - 0.886 area (Major Retracement).
I expect to look for bearish movement at this consolidation.
Good Trading.

Order cancelled

Price did went bearish when it consolidated at resistance, but 2618 trade has been cancelled.
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