Hi every one
CANADIAN DOLLAR / JAPANESE YEN
As you can see the CAD/JPY is trying to form an ascending triangle pattern. there are 4 connecting points in this pattern but there is still room for more!(the price can do another correction before ascending)
There is also Hidden bullish divergences (+HD) on both MACD and RSI indicators which strengthen the bullish movement. After the upward break out the price can increase as much as the measured price movement (AB=CD) we just have to wait and see.
Our more recent analysis of CAD/JPY :
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
CANADIAN DOLLAR / JAPANESE YEN
As you can see the CAD/JPY is trying to form an ascending triangle pattern. there are 4 connecting points in this pattern but there is still room for more!(the price can do another correction before ascending)
There is also Hidden bullish divergences (+HD) on both MACD and RSI indicators which strengthen the bullish movement. After the upward break out the price can increase as much as the measured price movement (AB=CD) we just have to wait and see.
Our more recent analysis of CAD/JPY :
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
📥┃Telegram: t.me/CobraVanguard
📥┃ Social Media links: linktr.ee/CobraVanguard
📥┃Advert/Partnership: t.me/Cobravanguardsupport
📥┃ Social Media links: linktr.ee/CobraVanguard
📥┃Advert/Partnership: t.me/Cobravanguardsupport
Related publications
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.
📥┃Telegram: t.me/CobraVanguard
📥┃ Social Media links: linktr.ee/CobraVanguard
📥┃Advert/Partnership: t.me/Cobravanguardsupport
📥┃ Social Media links: linktr.ee/CobraVanguard
📥┃Advert/Partnership: t.me/Cobravanguardsupport
Related publications
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.