the5erstrading

Waiting For Breakout CADJPY 11/09/2018

Long
FX:CADJPY   Dollaro canadese / Yen giapponese
The CADJPY has just arrived into the resistance zone.

I'll wait to see if the price will breakout this resistance zone, If that happens it indicates the price tends to Reach the supply at the top, there are about 120 pips between those levels, in case the price will break The resistance I'll look for a P"A setup of buy position, my target will be the supply at the top which is Also a great level of sell position.

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