Ascending Triangle is forming on the CAD/JPY. We have had a few fakeout breakouts above. Nothing too promising yet. But we are seeing higher lows and that is comforting for the price to continue up. 7>21 - Bullish Price<200 - Price reaching 200MA elastic area. RSI>50 Target 106.00
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.