CadJpy : 08/11/2017 Technical Analysis Report
Our Preference: Sell Below 89.50 for the target of 88.30 level
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- CadJpy was trading in the triangle pattern, New upper trend line was formed near previous high, and previous high acting as key resistance level of horizontal line, Yesterday its closed below the key resistance level as bearish candle, so we can go sell near key resistance level upper trend line and except upto lower trend line :- which we have shown in attached image.
In Daily Chart :- CadJpy was trading in the triangle pattern, New upper trend line was formed near previous high, and previous high acting as key resistance level of horizontal line, Yesterday its closed below the key resistance level as bearish candle, so we can go sell near key resistance level upper trend line and except upto lower trend line :- which we have shown in attached image.
PIPS COUNTER - SINCE JANUARY 2013 | ||
Total Trades | Total Pips | |
EUR / USD | 1135 | 10130 |
GBP / USD | 1054 | 10550 |
USD / CHF | 907 | 8945 |
EUR / JPY | 818 | 10435 |
XAU / USD | 1156 | 207955 |
TOTAL: 248015 |
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