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Feb 4, 2021 7:32 PM

CAD-JPY Confirmed Breakout Will Go UP! Buy! Long

Canadian Dollar/Japanese YenFXCM

Description


Hello, Traders!
CAD-JPY
broke out of the resistance level
And is now ranging above it preparing to go Up
Therefore, I expect a bullish continuation move
From Newly found support that used to be the resistance
BUY!
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Comment

All targets reached!
Comments
abel11
Wonderful analysis! I like this setup.
Mahtab_Tradia
Good job mate!
TopTradingSignals
@Mahtab_Tradia, thank you!
Fisher_Fx
love your work bro thanks
TopTradingSignals
@Fisher_Fx, cheers!
FXtrades-gp
Interesting! Thanks for sharing!
TopTradingSignals
@FXtrades-gp, thanks!
Forexislife110
I have a quick question. How do you know it’s not just a false breakout and it will fall right back below the resistance level?
TopTradingSignals
@Forexislife110, it was a breakout on 5H and a sequence of candles closed clearly above the level!
Forexislife110
I am going to trust you on this one.
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