Gonna start this week off with a CJ trade idea! We just came off of a horrible news week. News was in the way and ended up affecting most pairs. CJ has been a range for some time now between 109.8 and 107.8. Price ended last week coming back down below a higher higher with a retest of the resistance. I'm looking for price to either break below and retest to confirm a range continuation or wait on a buy confirmation to the upside. Patience is gonna pay here. Price may open up with a smaller range within the range it's currently in so I'll adapt and make the necessary changes if needed in order to get into some type of sell or buy position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.