• Vasily Trader

CADJPY: Bullish Accumulation

CADJPY is trading within an ascending triangle on a daily.

To catch the next swing move, wait for a daily breakout (daily candle close above) 82.2 horizontal resistance.

That will be a strong trigger for many market participants, and a bullish wave will most likely follow.

Next goal will be 83.0

In case of a bearish breakout of a trend line , the pattern will be broken and setup will be invalid.

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