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I_am_7harry

CADJPY Double Bottom, LONG opportunity.

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
I_am_7harry Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Double Top or Bottom Chart Patterns wavetrader excavo CADJPY alanmasters tomhall forextrader
11
6
doubletoporbottom chartpattern wavetrader excavo cadjpy alanmasters tomhall forextrader
TECHNICAL ANALYSIS

After the previous Sell off, CADJPY has Double Bottomed around 85.600. So there is a opportunity to Long it.It has about 2000 pips profit potential.
First Target: 1000 pips.
Second Target: 1000 pips.

INDICATORS USED

1. MACD
2. RSI
3. SMA
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First target hit.
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