List of confluences:
1. Trendline breakout
2: Higher highs and Higher lows being created
3: Key level breakout
4: Several pin bars candles
CADJPY is currently in a strong uptrend when we look at the bigger picture trend so we will be only looking for buying opportunities. When looking at the daily chart
we can see that price has broken a recent counter trend line which signals the potential end of a pull back. This is followed by bullish market structure as price continues
to create higher highs and higher lows. We can also see a key level breakout and retest. This is further supported by several pin bar candles formed in the direction
of the bigger picture trend and around our areas of interest which include key level area, the trendline breakout and the most recent higher low.
1. Trendline breakout
2: Higher highs and Higher lows being created
3: Key level breakout
4: Several pin bars candles
CADJPY is currently in a strong uptrend when we look at the bigger picture trend so we will be only looking for buying opportunities. When looking at the daily chart
we can see that price has broken a recent counter trend line which signals the potential end of a pull back. This is followed by bullish market structure as price continues
to create higher highs and higher lows. We can also see a key level breakout and retest. This is further supported by several pin bar candles formed in the direction
of the bigger picture trend and around our areas of interest which include key level area, the trendline breakout and the most recent higher low.
Trade ist aktiv
We buying and holdingAnmerkung
T.P 1 coming up soon
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.