my analysis shows cadjpy hitting top resistance line twice whilst hitting 2 support lines along the way.
If it is still following trend then the current sell should hit resistance line number 1 and continue on a straight path.
Possible 20+ pip profit if entered market now.
if entered at top resistance line with a sell action, and a take profit placed at the 1st resistance line, 88 pips could have been made.
congratulations to anyone who entered at top resistance line and rode the wave down!!
If it is still following trend then the current sell should hit resistance line number 1 and continue on a straight path.
Possible 20+ pip profit if entered market now.
if entered at top resistance line with a sell action, and a take profit placed at the 1st resistance line, 88 pips could have been made.
congratulations to anyone who entered at top resistance line and rode the wave down!!
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