CADJPY: Bullish Accumulation
CADJPY is trading within an ascending triangle on a daily.
To catch the next swing move, wait for a daily breakout (daily candle close above) 82.2 horizontal resistance.
That will be a strong trigger for many market participants, and a bullish wave will most likely follow.
Next goal will be 83.0
In case of a bearish breakout of a trend line, the pattern will be broken and setup will be invalid.
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.