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FinancialGamblR

Breakout pullback trading opportunity on CADJPY

Long
Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
FinancialGamblR  
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Support and Resistance Supply and Demand Trend Analysis CADJPY cadjpybuy cadjpylong cadlong jpyshort CAD jpy breakout
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supportandresistance supplyanddemand trendanalysis cadjpy cadjpybuy cadjpylong cadlong jpyshort cad jpy breakout
  • Looking at the possibility of a breakout continuation trade.
  • 79.52 is the key level to watch for to see if price holds.
  • As price pulls back to this level, I want to see how much it slows down. If it fails to make a significant breach below this level, it would be possible to buy into this pair.
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