Lingrid

CADJPY on STRONG RESISTANCE line

Short
FX:CADJPY   Dollar canadien / Yen japonais
Throughout the month, the price showed steady growth and, as a result, after a rollback and correction, it came to a strong rejection line.
My guess is that the price will not be able to break this line and will fall back to the support line.

This line is really very strong, it has been holding back the price growth since 2015.


Over the past month, the price has put all its strength into growth and I assume that it will not have enough strength to break through this line. Therefore, it will fall back to the support line.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻

📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.