CADJPY is gaining a strong resistance area of 108.000. Price continues to test the resistance in an ascending triangle format over the month.
TA on the high timeframe:
1) We see an interesting pattern: a limit resistance level in the 108.000 area and a gradual pushing of the price towards this area
2) Minimums that are not updated, but growing.
3) Buyers have their own plan and continue to retest the resistance area.
TA on the low timeframe:
1) The ascending triangle and frequent resistance level retests speak for themselves
2) The 108 level separates the market from a strong and sustained upward move.
3) Price may make a false breakdown of support and start testing the resistance area again.
Key support📉: rising line, 107.087
Key resistance📈: 108.123
TA on the high timeframe:
1) We see an interesting pattern: a limit resistance level in the 108.000 area and a gradual pushing of the price towards this area
2) Minimums that are not updated, but growing.
3) Buyers have their own plan and continue to retest the resistance area.
TA on the low timeframe:
1) The ascending triangle and frequent resistance level retests speak for themselves
2) The 108 level separates the market from a strong and sustained upward move.
3) Price may make a false breakdown of support and start testing the resistance area again.
Key support📉: rising line, 107.087
Key resistance📈: 108.123
❤️ Telegram channel: t.me/AndeWave
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❤️ Telegram channel: t.me/AndeWave
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。