CADJPY closed at entry price and trying to consolidate at retest area
CADJPY Analysis
CADJPY falling from the retest area of the broken ascending channel in the higher timeframe daily chart.
In the smaller timeframe 1-hour chart, CADJPY is moving in a descending channel.
The CADJPY pair has been trading within the entry price range for an extended period, resulting in a prolonged ranging movement. This market has been oscillating between the entry price levels for over 24 hours.
In accordance with our signal-following guidelines, we have closed the CADJPY signal at the entry price level due to the lack of significant price movement and the 24-hour Trade Protection rule.
For those new to our service, please take note that the CADJPY signal has been closed at the entry price level as a result of limited market activity within the specified time. Continue to adhere to our signal guide provided with each signal message at forexfib.com/guide/
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