CAD/JPY Cup & Handle
Updated
On the 30 min time frame we have a potential cup and handle pattern shaping up.
Currently the majority of traders have been short on this market for the past days and currently 72% of traders are selling. In combination with the price moving upwards, this creates a bullish indicator.
Currently the majority of traders have been short on this market for the past days and currently 72% of traders are selling. In combination with the price moving upwards, this creates a bullish indicator.
Trade closed: target reached
Targets have been met with a 130 pip move. Congrats if you took this trade.
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