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DocWonmug

CADJPY 240 short – retesting previous HH

Short
Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
DocWonmug Updated   
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Support and Resistance Parallel Channel Oscillators
3
0
supportandresistance parallelchannel oscillator
There is an UT channel since 26 Aug 2019 better seen on the 1D chart. The PA is retesting the last HH in that channel. I’ll be looking for a break in the RSI and PA trendlines.

Alternately, it could break the SR and complete the rise to the top of the channel.

snapshot

Trade active:
Conditions met. Trade entered.

snapshot
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