FX:CADJPY   Dolar Kanada / Yen Jepun
the market is currently testing the weekly uptrendline on this pair. Whether it will lead to a bounce or break remains a mystery. However, price have been rejected, in the most recent price action, twice at the resistance zone around the 91.600 region. This formed a very firm neckline between 86.760 - 86.100 region. This is clearly visible on the weekly timeframe. You' also notice a double top.

The SHS pattern has painted and the neckline has been broken. The price doesn'y seem to bother to retest the neckline to collect more orders. Observing a continuation pattern would help to jump in and ride the trend.

The analysis actually says alot more than I can be able to say.
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.