CADJPY MULTIPLE SHORT PRICE ACTION INDICATIONS

٢٨ نوفمبر ٢٠١٨

1. Reassessment of this currency shows that short pressure is still strong.
2. Price is testing break of 4hr bear flag.
3. Rejection of resistance structure
4. Breakout of 4hr bear flag showing continued downward momentum
5. Price action is breaking out of the weekly bear flag as well.(Weekly bar has not closed out of weekly bear flag)

*High confluence of indication for a short.

٢٩ نوفمبر ٢٠١٨

ملاحظة

Breakdown is happening. Wait for any pullback to add more position.

٢٩ نوفمبر ٢٠١٨

ملاحظة

Very bearish price action. Hold short.

٣ ديسمبر ٢٠١٨

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