CADJPY has been ranging since 6th of March, failing to provide us with higher/lower chart points. On the larger scale, this is normal due to multiple governments regulations being approved on both sides in order to tackle the COVID-19. However, our technical analysis is showing us that the market could potentially be ranging even more, until it reaches an exhaustion point and close its candles closer.
This is a swing trade, so in order to profit at a maximum level, please be patient.
Disclaimer: Please be aware of the fact that this trade will be taken under the most favorable circumstances and can be altered without prior notice. Only take this trade if it suits your trading plan and furthermore, your strategy.
Stay safe !
This is a swing trade, so in order to profit at a maximum level, please be patient.
Disclaimer: Please be aware of the fact that this trade will be taken under the most favorable circumstances and can be altered without prior notice. Only take this trade if it suits your trading plan and furthermore, your strategy.
Stay safe !