Chart pattern analysis can be combined with the CCI 20 indicator.
In the case of EURJPY we can make a sell entry because the indicator has finished from the overbought area.
Stop loss if the price is above the overbought area, above upperband (+100).
Take profit if the indicator drops to the middleband (0) or lowerband (-100).
In the case of EURJPY we can make a sell entry because the indicator has finished from the overbought area.
Stop loss if the price is above the overbought area, above upperband (+100).
Take profit if the indicator drops to the middleband (0) or lowerband (-100).
