rubenlazo

Check out my analysis for CADJPY

FX:CADJPY   Canadian Dollar / Japanese Yen
Possible setups for next week. There could be a possible double bottom forming in the 1 Hr TF. Price has already respected price 90.500 and could respect it again.

Other possible scenario is that price can drop down to 90.000. It does seem like there was a head and shoulders pattern that formed this week.

Always remember to make time for backtesting. Its so crucial and very beneficial for your forex trading.

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