CADJPY good Sell opportunity
Updated
Hello guys,
Based on the chart a bullish trend line is broken and the support area didn't succeed to make price higher.
So based on this scenario it can be a good choice to wait for a pullback and rejection in order to retest our new resistance area again and then open a sell position.
Note: This post will be update base on market reaction.
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Good luck!
Based on the chart a bullish trend line is broken and the support area didn't succeed to make price higher.
So based on this scenario it can be a good choice to wait for a pullback and rejection in order to retest our new resistance area again and then open a sell position.
Note: This post will be update base on market reaction.
✅✅ If you found our analysis useful, please Like and Subscribe us to receive more signals in future. ✅✅
Good luck!
Trade closed: target reached
Nicely done! our first take profit area hit successfully.Now we can wait a see what will happen next (Maybe a pullback is about to happening so be ready for another sell opportunity)
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