CADJPY touching support!

Canadian Dollar/Japanese YenFXCM

Description

⋅ Jan 23, 2020 10:20 AM

CJ is touching supporting trendline inside its bullish channel. I im waiting to see whether or not it is enough strenght for it to hold onto the support, or to breakdown. This is my expectation for both scenarios.

Trade active

⋅ Jan 24, 2020 11:29 AM

Good resistance at support, long strategy: active

Trade closed: stop reached

⋅ Jan 27, 2020 12:59 PM