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
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