TradingView
VasilyTrader
Apr 20, 2023 9:10 AM

CADJPY: Bearish Move From Key Level 🇨🇦🇯🇵 Short

CAD/JPYOANDA

Description



CADJPY reached a key horizontal daily resistance this week.
Analyzing the reaction of the price to that on intraday time frames,
I spotted a head & shoulders pattern and a rising channel.

The price manage to break both the neckline of h&s and a support line of the channel.
It will most likely trigger a bearish continuation.

Goals will be: 99.59 / 99.1

❤️Please, support my work with like, thank you!❤️
Comments
LegionQ8
exceptional canadian dollar analysis, thanks brother, It's great
JoeChampion
I like your work Vasily, keep it up!
UnitedSignals
Great idea.
AnabelSignals
Great chart, bro!
WalterMoon
Thanks for your technical analysis
basictradingtv
excellet work as always, thanks!
VasilyTrader
Are you bearish on cadjpy?
More