USDJPY > Parallel Channel formed - Buy and Sell Setup
Hi,
In this analysis, I am sharing about USDJPY.
Looks like AUDCAD is moving up in a parallel channel. If, we see an upside rejection at mentioned level, take a long position.
If it breaks the parallel channel, short it.. it will be very rewarding.
Follow proper risk management.
I am new to TradingView So, Do support me and share your views in the comment section.
**Trading is all about strategy. All I have done above is Technical Analysis.
________________________________________________________________________________________________
About Me:
Hi Friends,
I am a professional Forex trader and cryptocurrency technical analyst with over three years of trading experience. Years back, I became passionate about blockchain technology and cryptocurrency and has since been following the market wave. I trade on Crypto, Forex and CFDs
In this analysis, I am sharing about USDJPY.
Looks like AUDCAD is moving up in a parallel channel. If, we see an upside rejection at mentioned level, take a long position.
If it breaks the parallel channel, short it.. it will be very rewarding.
Follow proper risk management.
I am new to TradingView So, Do support me and share your views in the comment section.
**Trading is all about strategy. All I have done above is Technical Analysis.
________________________________________________________________________________________________
About Me:
Hi Friends,
I am a professional Forex trader and cryptocurrency technical analyst with over three years of trading experience. Years back, I became passionate about blockchain technology and cryptocurrency and has since been following the market wave. I trade on Crypto, Forex and CFDs
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