CADJPY NEW UP TREND??
CADJPY has entered a new up-trend last month and i really would like to see if they can hold it there! Right now this zone is looking very interesting, on a lower timeframe (1h/2h) looks bearish, but 4h still looking bullish! My opinion only. both scenarios that i'm looking for are explained in the image. i would much like to go with option A, if you ask me!
Leave your comment!! let me know what you think or if i miss something.
Leave your comment!! let me know what you think or if i miss something.
Note
On description of the scenario B , "if price can break this SUPPORT and re-test it as resistance,..".Note
+40pips on scenario A !Note
scenario A fully closed at +50pips ! price went even higher
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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.