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Canadian Dollar / Japanese Yen
Long

CADJPY 240min Ascending Triangle Breakout

109
CADJPY has been putting on an impressive recovery off it's Lows. It made it to a Resistance Level and consolidated in the form of an Ascending Triangle. Typically, consolidation areas (in this case a breakout pattern) at Range Tops will result in a strong breakout. Watch and see if this gathers any momentum.
PateSkpate
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240min4hrAscending TrianglebreakoutbreakouttradingCADJPYswingswingtrading

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240min4hrAscending TrianglebreakoutbreakouttradingCADJPYswingswingtrading
PateSkpate
Also on:

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.