CADJPY: BREAKOUT OF BROADENING WEDGE, SIGN OF BULLISH BIAS?
Hello Enthusiast Forex Traders! Here's short-term outlook for CADJPY , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
CADJPY is breakng out of the descending broadening wedge pattern. Breaking out of the pattern may indicates a potential bullish bias ahead. The momentum indicator starts crossing up toward the zero level area, it could indicate a stronger momentum going upward in the near future.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the forex pairs.
CADJPY is breakng out of the descending broadening wedge pattern. Breaking out of the pattern may indicates a potential bullish bias ahead. The momentum indicator starts crossing up toward the zero level area, it could indicate a stronger momentum going upward in the near future.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the forex pairs.
Trade closed: target reached:
Done Target 1, Good luck on your trade everyone :)
