CAD/JPY is following an bullish triangle for a few months now. Sadly, the 82 resistance level got rejected yet again.
Since this pair is following the triangle firmly, this reversal makes me believe we're heading towards the lower trend line again.
Be wary around the green marked area, since it's close to the previous low. Considering exiting a part of your position around that area.
Since this pair is following the triangle firmly, this reversal makes me believe we're heading towards the lower trend line again.
Be wary around the green marked area, since it's close to the previous low. Considering exiting a part of your position around that area.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.