Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
CADJPY Bearish setup
Canadian Dollar / Japanese Yen
Short
CADJPY Bearish setup
By nariks
Follow
Follow
Feb 23, 2020
2
Feb 23, 2020
Strong resistance happening around 85 level
Weekly trend Line to act as resistance
Daily Resistance line.
Price is also rising in an ascending channel. Waiting for a 3rd touch of the top of the channel.
Potential drop to 82 level and a break of the bottom of the channel could indicate a move to the 80 level.
Chart Patterns
nariks
Follow
Also on:
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
.