Dólar Canadense/Iene Japonês
Atualizado

CADJPY - Wait For It!

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CADJPY is currently approaching a strong supply zone marked in red 🔍

At the same time, price has been trading within the rising blue channel, reflecting short-term bullish momentum. However, this bullish move is now approaching a major reaction area where sellers could step in again.

I am interested in shorting CADJPY once the rising blue channel is broken downward 📊

A bearish breakout below the channel would signal that the bulls are losing momentum and could trigger a deeper correction from the current supply zone.

Will the bears finally take over from this resistance area? 🤔

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade fechado: objetivo atingido
snapshot

Aviso legal

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