CADJPY – Trading in a short term range

Written by Raul Lopez on . Posted in Trades & Analysis.

The CADJPY is trading near a LT important level, most if the times the market gets close to an important level, it tends to trade in a short term range, once it breaks that range, I start looking for trade opportunities in the direction of the breakout.

Here is the range for the CADJPY:

A breakout of either side of the range indicate a “clear market condition”, and only trades in the direction of the breakout will be allowed.

Trade Safe!

Raul Lopez
Price Action

CADJPY Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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