CADJPY: Bullish Flag, Sign of Long Term Trend Continuation?
Updated
Hello Enthusiast Forex Traders! Here's long-term outlook for CADJPY , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
CADJPY Created a narrow Bullish Flag in the daily time frame. Afterwards, CADJPY has broken out of the pattern that indicated a potential bullish movement.The MACD almost crossed above the zero area, showing potential momentum shift in the near future.
The roadmap will be invalid after exceeding support/target area.
DISCLAIMER:
This is only an outlook, not a recommendation to buy or sell the forex pairs.
CADJPY Created a narrow Bullish Flag in the daily time frame. Afterwards, CADJPY has broken out of the pattern that indicated a potential bullish movement.The MACD almost crossed above the zero area, showing potential momentum shift in the near future.
The roadmap will be invalid after exceeding support/target area.
DISCLAIMER:
This is only an outlook, not a recommendation to buy or sell the forex pairs.
Trade closed: stop reached
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