The CAD/JPY is currently in a triangle formation.
The break out from this triangle can dictate the further trend.
A bullish breakout is widely expected in the market and the expected target is marked in the chart.
On the contrary, a bearish breakout can happen too.
The break out from this triangle can dictate the further trend.
A bullish breakout is widely expected in the market and the expected target is marked in the chart.
On the contrary, a bearish breakout can happen too.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.