CAD/JPY, Daily chart Looking on a long time frame, the pair is about to touch the trend line and resume the bullish trend. Stochastic also indicates the the asset is very over sold, time to start buying.. I would buy around 93.628, the start of the last wave. You know how the pair like to trend for long , enjoy the ride.
Comments
motleifaul
⋅
I agree with your suggestion. But as we saw a steep fall I would wait for an indicator signalling that it is over. Let's watch your Stochastics for instance.