CADJPY SHORT after Break of Supports AND Break of Trendline
Hello to all wacthing my charts.
Lets habe a look to CADJPY and of course its a Short Play.
But how has that been established ?
Where had it been the best level for a trade ?
Look at my chart.
30.10. 14:00 GMT has been the date for start the trading short
at that time the pair has broken 1) the RED Trendline and 2) 2 Support
(Red parallel Lines)
After that the fall has been increased very very quick.
Now we are sittin on a support level but nobody nows whether
that will hold or not.
Next Support Level is 81.75
We have to watch whether that will hold and maxybe a start of a jump up
But all of my channel systems are so short
its not a time at the moment for thinking about Long
Good trades
If you want to support my work , please be so kind and like them
-
My posts are not and advice to buy or sell something
always do your own research
-
Renkotrade
----------
Lets habe a look to CADJPY and of course its a Short Play.
But how has that been established ?
Where had it been the best level for a trade ?
Look at my chart.
30.10. 14:00 GMT has been the date for start the trading short
at that time the pair has broken 1) the RED Trendline and 2) 2 Support
(Red parallel Lines)
After that the fall has been increased very very quick.
Now we are sittin on a support level but nobody nows whether
that will hold or not.
Next Support Level is 81.75
We have to watch whether that will hold and maxybe a start of a jump up
But all of my channel systems are so short
its not a time at the moment for thinking about Long
Good trades
If you want to support my work , please be so kind and like them
-
My posts are not and advice to buy or sell something
always do your own research
-
Renkotrade
----------
