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UnknownUnicorn15614419
Feb 24, 2021 8:20 AM

CADJPY: adheres to the established channel Long

Canadian Dollar/Japanese YenFXCM

Description

Despite a small breakdown in mid-February, the price continues to move in the small upward channel that was formed in January 2021. Yesterday it just turned around at support 83.26, but stopped short of resistance. Now we can expect the price to rise to resistance and fall to support at 83.53.
SL - 84.28.

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Comments
abel11
I commend you for your thorough work.
Investroy
Fully agreed, thumbs up
Henry_Ross
Great idea, thx!
BitonGroup
perfect analysis. it is a vise long dear. thanks for publishing
UnknownUnicorn15614419
@BitonGroup, you are welcome )
TheSignalyst
nice and very possible yes! waiting for this too!
UnknownUnicorn15614419
@TheSignalyst, glad to hear this)
FXtrades-gp
Great! Good luck with this setup !
UnknownUnicorn15614419
profitalztrading
Love the simplicity you apply in your trading!
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