CADJPY on thr daily chart is moving inside an ascending channel.
Price after hitting the resistance at 81.450 shift back till the 80 area where price found support.
Currently the market respected the lower trendline but IF the price will break below the support structure and consequently break the channel we can check for a nice short order according with Plancton's strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Price after hitting the resistance at 81.450 shift back till the 80 area where price found support.
Currently the market respected the lower trendline but IF the price will break below the support structure and consequently break the channel we can check for a nice short order according with Plancton's strategy.
––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Note
Note
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.