TradingView
forextread18
Dec 27, 2020 7:03 PM

CADJPY IDEA Long

Canadian Dollar/Japanese YenFXCM

Description

Guys Just an Idea...
My first analysis
Comments
TVCraig
Depends how long term you're looking. There is a longer-term trend line (go back to 9th October). Consistently higher high and higher lows.

If you're looking short term, I'd want to be looking at the 1-hour chart of less. Looks like a shorter-term downward trend for me after 10th December with the first lower low being 22nd December. Likely just a short-term consolidation inside a longer term upward trend. Just depends what time frame you are interested in I suppose.
forextread18
Kindly Leave Comments
More