CADJPY, Ascending Triangle
The outlook for CADJPY is bullish. Price is forming an ascending triangle and is currently trading near resistance.
There are three possible outcomes for CADJPY:
There are three possible outcomes for CADJPY:
- Price breakout to the upside. This is the most likely scenario, as the price is forming an ascending triangle and is currently trading near resistance.
- Price bounces off of support and continues to trade within the triangle. This is also a possible scenario, as the price has a history of bouncing off of support in the past.
- Price breakout to the downside and then rebounds. This is the least likely scenario.
Trendline, Bollinger Bands, and Chart Pattern Analysis. Mid-Long Term Strategy. No courses or premium signals provided. Open for collabs or free analysis requests - feel free to DM.
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Trendline, Bollinger Bands, and Chart Pattern Analysis. Mid-Long Term Strategy. No courses or premium signals provided. Open for collabs or free analysis requests - feel free to DM.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.