CADJPY has entered a new up-trend last month and i really would like to see if they can hold it there! Right now this zone is looking very interesting, on a lower timeframe (1h/2h) looks bearish, but 4h still looking bullish! My opinion only. both scenarios that i'm looking for are explained in the image. i would much like to go with option A, if you ask me!
Leave your comment!! let me know what you think or if i miss something.
Leave your comment!! let me know what you think or if i miss something.
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On description of the scenario B , "if price can break this SUPPORT and re-test it as resistance,..".
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+40pips on scenario A !
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scenario A fully closed at +50pips ! price went even higher