CADJPY Sell Idea

CADJPY has also formed bearish hidden divergence on the H4 chart and it seems like it is going near the 161% expansion. I will be looking to sell from this level.

Technical Analysis

H4 – Hidden Bearish Divergence

H1 – Potential Bearish Divergence

Entry:

Look for entry near the 86.00 level. There is potential bearish divergence forming as well.

Target 1: 85.50
Target 2: 84.70
Stop Loss: Above 86.00

Yours,
Vladimir

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.