Divergence and resistance

The CADJPY has multiple divergences and is close to a resistance. Shorting this now is aggressive but low risk as the stop would not be too far away. Alternatively, a more conservative procedure would be to follow a set up from yesterdays webinar.

Please ensure you do your own analysis.


Chart courtesy of Advanced GET. Datat provided by eSignal.

Good trading.

Forex Analysts
Javid Shaik & Anne Chapman