CADJPY: Descending Channel

173
On H4 timeframe we can see that the price has bounced of a strong support levels and also came back inside of long-term Descending Channel (bullish) Pattern, which suggest that the price is ready to move (much) higher.

Furthermore, the price broke downtremd line, that is clearly seen on H1 timeframe, which also confirms the bullish move with this pair.

snapshot

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.