CAD/JPY (Bullish)
מעודכן
Whats up Guys,
Just keeping an eye on this one for now.
I like to look at the Tradingview Screeners and see what they're calling out as Strong Buys and Strong Sells.This Chart is currently at time of this post, a Strong Buy per Trading View.
I dont disagree - The chart is trending upwards in a very clean channel. If the channel price action continues, I expect we are in store for a slight/strong pullback to the lower levels of the channel shown on the chart. Conversely, price action could range for a while.
What I'm hoping to see here over the next few days or a week -
1.) Best Case - Clear Breakout above the upper channel line. I will setup a Buy Stop Order to cover this type of movement
2.) Some ranging - Showing some price consolidation here at the upper level. I will be looking for a breakout same as item 1., and try and execute on a Buy Stop Order
Anyway, give me a message. Let me know what you think.
Just keeping an eye on this one for now.
I like to look at the Tradingview Screeners and see what they're calling out as Strong Buys and Strong Sells.This Chart is currently at time of this post, a Strong Buy per Trading View.
I dont disagree - The chart is trending upwards in a very clean channel. If the channel price action continues, I expect we are in store for a slight/strong pullback to the lower levels of the channel shown on the chart. Conversely, price action could range for a while.
What I'm hoping to see here over the next few days or a week -
1.) Best Case - Clear Breakout above the upper channel line. I will setup a Buy Stop Order to cover this type of movement
2.) Some ranging - Showing some price consolidation here at the upper level. I will be looking for a breakout same as item 1., and try and execute on a Buy Stop Order
Anyway, give me a message. Let me know what you think.
העסקה בוטלה באופן ידני
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.