RiosTrades

CADJPY Bullish Opportunity

Panjang
FX:CADJPY   Dolar Kanada / Yen Jepun
Using the Market Structure in the pair above we realize price closed at a degree where both sides of the battle will be in a bit of a tug of war situation. The idea of entrance ideally would be very aggressive in these circumstances but using proper risk/reward, an entry can be found in lower timeframes that allows the trader to come out with profit. Looking left of where price is at, we see price broke below a major area of support then progressed to breaking above it, telling us this swap zone has the volume and momentum to produce another impulse as result of this analysis.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.