Lingrid | CADJPY long from the KEY Support level

3月18日

The price bounced off the border of the channel and broke through the range zone. I think the price may go down to the key support level at 110.000, then potentially move higher. The long-tailed bar at the resistance formed on the 4H timeframe suggests that the CADJPY may update swing higher highs and higher lows. The price is moving sideways above the level, which could be a range breakout, accumulation (pause), then a continuation. My goal is the resistance zone at 110.800


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

3月19日

交易結束：目標達成

The market literally went up and hit my target.