RiosTrades

CADJPY Bullish Opportunity

FX:CADJPY   캐나다 달러 / 일본 엔
Using the Market Structure in the pair above we realize price closed at a degree where both sides of the battle will be in a bit of a tug of war situation. The idea of entrance ideally would be very aggressive in these circumstances but using proper risk/reward, an entry can be found in lower timeframes that allows the trader to come out with profit. Looking left of where price is at, we see price broke below a major area of support then progressed to breaking above it, telling us this swap zone has the volume and momentum to produce another impulse as result of this analysis.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.