Thursday, May 09, 2024

-600 Points reached in CAD/JPY Buy Signal
1 mins well spent

Reason for Buying CAD/JPY : 

CAD/JPY was moving up and down between the ranges in H1 Chart.

Finally, market broken the top level of the range with Buyers pressure.

After breakout, CAD/JPY Buy signal was given to our members.

-600 points loss reached in cad/jpy buy signal

CAD/JPY re-entered into the range and broken the bottom level.

It shows that market is not respecting the ranges anymore.

The trend range becomes invalid now due to breakouts happened on both top and bottom levels.

Due to the major fundamental effects in this week, CAD/JPY starts to make a correction now.

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