CAD/JPY STRUCTURE ANALYSIS|PRICE ACTION SCENARIO BREAKDOWN|

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Hello, fellow traders!
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Here we've got CADJPY trading in a triangle, between the two horizontal levels.
It is clear when looking at the daily chart below.
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Current expected push upwards will then either end with the breakout of the resistance upwards>>long after pullback.

Or, continue narrowing the range firmly within the triangle with its eye on the breakout of the support downwards>>short after pullback.

This is the trading plan for CAD/JPY for now. I recommend you put alerts above both breakout levels, not to miss on either opportunity.

Thank you for reading, like and subscribe to support me.

Wish you good trades!
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CADCADJPYcanadiandollarChart PatternsforecastForexTechnical IndicatorsjpysignalsTrend Analysisyen

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