Trend: Strong buy
Support/Resistance:
R2: 83.867
R2: 83.548
R1: 83.125
S1: 82.785
Price action:
Buyers rebounce hard after sellers retraced from supportical level at 82.785. Sellers might be quite for a while, till buyers complitally get tired. Next buyers targets will show us strenght and decision how sellers will react after.
Potencial trade idea:
Bulls targets:
T1: 83.548
T2: 83.867
NOTE – We are trading CADJPY via the preferred trading setups by EliteFxAcademy
Support/Resistance:
R2: 83.867
R2: 83.548
R1: 83.125
S1: 82.785
Price action:
Buyers rebounce hard after sellers retraced from supportical level at 82.785. Sellers might be quite for a while, till buyers complitally get tired. Next buyers targets will show us strenght and decision how sellers will react after.
Potencial trade idea:
Bulls targets:
T1: 83.548
T2: 83.867
NOTE – We are trading CADJPY via the preferred trading setups by EliteFxAcademy
Trade closed: target reached
T1 was reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.