CADJPY - Buy Setup at Clear Support Level

30 janv.

CADJPY is approaching a strong support zone, an area that has previously attracted buyers. The recent bearish momentum has pushed price closer to this zone, making it a key level to watch for potential buying interest.

If buyers step in and confirm the support with bullish price action—such as rejection wicks, bullish engulfing candles, or increasing buying volume—I anticipate a move toward 107.710. However, if price breaks below this level, it could signal further downside and invalidate the bullish outlook.

This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, whether it’s a strong rejection candle or a spike in volume, before making a move.

Your support means the world! Every like and comment motivates me to share more insights. Also, let me know your thoughts in the comments—I’d love to hear your perspective!

Best of luck , TrendDiva

31 janv.

Transaction en cours

il y a 7 jours

Trade fermée: cible de profit atteinte

Target reached