CADJPY: TECHNICAL ANALYSIS....来自Advika

23 May 2023, 10:32 · 阅读量 341

Hello traders,
Wave 5 is supposed to end at 102.916-103.390 zone. Then ABC Correction is supposed to materialise towards the support zone at 99.033.

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#OPINIONLEADER# This pair has been on a downtrend for some while now by maintaining a daily trendline aswell as trading at the bottom of the weekly descending channel until we saw a break above the daily trendline and then retesting a previous lower high as a support. Now price has once again retested the support forming a double bottom and failed to break below it which could only mean it could start an upside movement to the most obvious resistance key level. I have about 4 confluence that helped me to confirm this trade setup. What do y'all think 🤔 NFA

Advika