CAD/JPY idea

30 thg 3, 2019

Sure enough , its starting a new short period trend, which is a part of a bigger trend long period. The RSI indicator is showing overbought condition which may indicate that the price should drop very fast. There are a lot of buyers on the market. Also little one trend touched the support line which may accumulate during it does not touch the major resist. Also the idea is confirmed by Pivot Points.
Good luck traders, hope you had a great trading week, hope for the best in the next !!!
Please let a comment below, let me know your way of thinking !