CADJPY - Descending Triangle in an Uptrend
CADJPY is presenting a Triangle breakout opportunity with price consolidating on the leadup to news.
The Descending Triangle pattern is traditionally regarded as a bullish continuation pattern.
Some well-defined support/resistance levels could be used for first and second profit targets.
The Descending Triangle pattern is traditionally regarded as a bullish continuation pattern.
Some well-defined support/resistance levels could be used for first and second profit targets.
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