A or B

CAD/JPYOANDA

Description

⋅ Jan 6, 2021 12:05 PM

Friends, what do you think about CAD/JPY?

a. will the market break above borderline after four attempts? or
b. is this level still strong enough to withhold pressure and keep the market trending within the channel?

1st channel = long term trend.
2nd channel = 9 months (249d) trend, 42 bars.

A or B

Comments

TheSignalyst

⋅ Jan 6, 2021 12:07 PM

I have just posted an analysis on cadjpy. Nice one, but meanwhile, until it breaks up, i will be looking for sell setups

The_capit4list

⋅ Jan 6, 2021 12:12 PM

@TheSignalyst, phenomenal, I'll check your chart out