Dolar Kanada / Yen Jepun
Telah dikemas kini

CADJPY LONG TERM TRADE PLAN: WILL THE DOUBLE BOTTOM PLAY OUT?

226
This pair has formed a double bottom on the weekly chart but a resistance cluster hinders the neckline breakout required for the pattern to play out. The combination of resistance at the neckline, 1W MA 50 and 1D MA 200 are capable of invalidating the pattern. A rejection from this cluster will most likely be supported by the MARCH 2000 HIGHER LOWS TREND LINE. This 3 years old trend line can provide a powerful launchpad for a breach of the resistance cluster. We can look for a long trade if the breach of this cluster happens. But it fails and the trendline fails to support the price drop, we can look for short upon the breach of the trendline
Nota
CADJPY LONG TERM TRADE PLAN: WILL THE DOUBLE BOTTOM PLAY OUT?
Nota
CADJPY LONG TERM TRADE PLAN: WILL THE DOUBLE BOTTOM PLAY OUT?
Nota
CADJPY LONG TERM TRADE PLAN: WILL THE DOUBLE BOTTOM PLAY OUT?
Nota
CADJPY LONG TERM TRADE PLAN: WILL THE DOUBLE BOTTOM PLAY OUT?

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.