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
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。