CADJPY is this the start of a long term uptrend?
Hi traders,
Expecting a huge move up on the CADJPY. Watch the 240 for the buy setup. Notice price hit the resistance turned support and the Fib support, showing an urgency from bulls who couldn't wait
to hit support and bought prematurely. This shows a high bullish interest.
Expecting a huge move up on the CADJPY. Watch the 240 for the buy setup. Notice price hit the resistance turned support and the Fib support, showing an urgency from bulls who couldn't wait
to hit support and bought prematurely. This shows a high bullish interest.
Note
Follow through upside, will price hit top of structure and retest? Or could it break to the highs? I guess we will all soon find out.
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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.