CADJPY has entered a new up-trend last month and i really would like to see if they can hold it there! Right now this zone is looking very interesting, on a lower timeframe (1h/2h) looks bearish, but 4h still looking bullish! My opinion only. both scenarios that i'm looking for are explained in the image. i would much like to go with option A, if you ask me!
Leave your comment!! let me know what you think or if i miss something.
Leave your comment!! let me know what you think or if i miss something.
Comment:
On description of the scenario B , "if price can break this SUPPORT and re-test it as resistance,..".
Comment:
+40pips on scenario A !
Comment:
scenario A fully closed at +50pips ! price went even higher