RE: FOREX ANALYSIS : CADJPY LOOKS VERY BULLISH TO ME

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FOREX ANALYSIS : CADJPY LOOKS VERY BULLISH TO ME

in forex •  7 years ago 

Why do you think it looks bullish? What is telling you that resistance is likely to break?

I usually like to take an opposite view. One where I will always look to play resistance from the short side and support from the long side.

"Support/resistance holds until it doesn't".

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  1. Aggressive Bullish Trend
  2. 8/21 EMA looks very bullish
  3. I said I be bullish once this resistance get broken and on pullback I take long

Excellent. Thank you for sharing.