Dólar Canadense/Iene JaponêsViés de alta
CADJPY LONG
Looking at CADJPY long. Entry at 104.901.
Trade analysis: Price broke out of 4H time frame trend line, retested, and broke above the trend line. The canadian index is currently reversing for more upside, whilst the Japanese index continues to decline. Take profits were set as to the next significant WEEKLY LINE (of resistance), given that the 'big money' (banks and hedge funds) are more concerned with higher timeframes than intraday trading and significant line often act as a magnet. If we can not break above the previous high on the 4H then trade will be closed until further notice.
Trade analysis: Price broke out of 4H time frame trend line, retested, and broke above the trend line. The canadian index is currently reversing for more upside, whilst the Japanese index continues to decline. Take profits were set as to the next significant WEEKLY LINE (of resistance), given that the 'big money' (banks and hedge funds) are more concerned with higher timeframes than intraday trading and significant line often act as a magnet. If we can not break above the previous high on the 4H then trade will be closed until further notice.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.