FOREX ANALYSIS : CADJPY LOOKS VERY BULLISH TO ME
Hello All,
CADJPY is right now at very very important level. My views are strongly favoring the bullish market and I am looking for the price to break 88.75 to 90.00 and give a pullback. Then I will take a long position based on bullish price action signal.
However alternative scenario will be that if the price failed to break that above level then will enter sell by seeing sufficient bearish signal
WEEKLY SUPPORT & RESISTANCE CHART
DAILY TRADE CHART
Lets see how this pair unfolds in coming weeks but let me tell you for me it looks very bullish
good post. I gave upvote
much obliged
Why do you think it looks bullish? What is telling you that resistance is likely to break?
I usually like to take an opposite view. One where I will always look to play resistance from the short side and support from the long side.
"Support/resistance holds until it doesn't".
Excellent. Thank you for sharing.
How to play forex? Do you know the best links on the internet to learn it?
Or can I learn from you?
contact me at www.facebook.com/vikki2810 and message me in inbox
Okey , thank u verry much :)