CADJPY Long: SMA Cluster + Unhit Pivots

Hey traders! Here's a ranging pair up against a solid amount of support. The pair could break out toward the unhit pivot cluster. If the bullish trendline is broken, I will re-evaluate the position. For now, bias is bullish on the short-term. Cheers!

İşlem aktif:

Resistance Broken at 86.83: Long Active.

İşlem kapandı: durdurma seviyesi:

Long-term SMA pierced, bias is now short. Will be looking for bearish impulses:

Yorum:

Completely missed the bearish impulse we were waiting for, but price action behaved as expected with lots of resistance to push price further down. Check it out: