Trend: Long term bullish, previous month bearish.
Structure: Support and resistance / Zone
Plan: We monitor CADJPY for the potential breakout to the downside and continuation of the bearish trend or the potential pullback to the previous low/top of zone.
It appears price has respected the lower level and may pullback towards the upside however this is an aggressive play.
The smart trade here is waiting for a breakout of the zone and trading it to previous low/high
Structure: Support and resistance / Zone
Plan: We monitor CADJPY for the potential breakout to the downside and continuation of the bearish trend or the potential pullback to the previous low/top of zone.
It appears price has respected the lower level and may pullback towards the upside however this is an aggressive play.
The smart trade here is waiting for a breakout of the zone and trading it to previous low/high
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.