CADJPY | D1 | BEARISH — The classical Support & Resistance.

FX:CADJPY   Canadian Dollar / Japanese Yen
Analysis –

A simple example of market structure,
This is a lesson we've all studied in nursery.

What happens when price reaches the support / resistance?

I know what you're thinking...
It can either reverse or breakout.

At the same time we have to use our intelligence, intellect and intuition; our instincts and common sense — in order to be able to make informed and more importantly educated decisions.

This is something that makes us traders.
Otherwise this analysis is self explanatory.

(Sell, sell, sell).

Please note this is not financial advise.
Thank you.
Trade closed: target reached: 130 pips reached.
Thank you.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out