PULEMokhothu

CADJPY 78.807 - 0.19% LONG IDEA ( BREAKOUT ANALYSIS )

Long
PULEMokhothu Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Good Day Everyone

A look at the CADJPY pair from the 4H chart the pair has been ranging in a ascending triangle testing the 200 MA and level 79.276 looking for a break above this structure as momentum returns on the pair, but expecting the pair to continue ranging within the structure as indicated before we see more volatility on the pair . lets see how it goes

Good luck and happy trading everyone


_________________________________________________________________________________________________________________________

ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE

__________________________________________________________________________________________________________________________


If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.