CADJPY: IS IT TIME FOR BEARISH BIAS/TEMPORARY CORRECTION AHEAD?
Hello Traders, here's your free outlook for CADJPY! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :) !
CADJPY already impulsively rejected multiple rejection area. Recently, CADJPY has broken the lower trendline of rising wedge pattern. The momentum indicator is also pointing downward in the neutral area, indicating that CADJPY has the possibility to continue moving downward to the target area.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell CADJPY.
CADJPY already impulsively rejected multiple rejection area. Recently, CADJPY has broken the lower trendline of rising wedge pattern. The momentum indicator is also pointing downward in the neutral area, indicating that CADJPY has the possibility to continue moving downward to the target area.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell CADJPY.
Note
REVISED FOR CADJPY CHART: Note
Trade closed: target reached
TARGET 1 ACHIEVED, ENJOY THE WEEKDAYS GUYS!Trade closed: target reached
Target 2 ACHIEVED! Enjoy the run guys!
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.
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.