Hi every one
CANADIAN DOLLAR / JAPANESE YEN

so CAD/JPY has formed a broadening wedge this means that the price will range between the upper and lower line of the wedge for now!
another signal is the regular bearish divergence (-RD) which means the price might start It's decreasing movement very soon!
note: price can reach point(E) and than starts decreasing.

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck
Broadening WedgeCADJPYDivergenceTechnical IndicatorsTrend AnalysisWedge

📥┃ Join the platform where I trade and receive up to a $500 welcome reward! coinex.com/register?refer_code=n8fmk

📥┃Telegram: t.me/CobraVanguard

📥┃Advert/Partnership: t.me/I_am_michael_kennedy
يعمل أيضًا:

منشورات ذات صلة

إخلاء المسؤولية