SwissPips

CADJPY: Looking to buy the breakout!

Long
SwissPips Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
I am looking to buy the breakout of this structure to the upside.

We have a nice curve pattern acting like a resistance and price is currently developing in a bullish flag.

I will only consider buying the pair whenever the price is beyond the curve and above the flag.

My 1st target will be the former resistance which stopped the price multiple times over the week.

In case it breaks to the downside my trade will be cancelled.

***Trade with care and at your own risk***
Order cancelled
Comment:
For those who are interested in this pair, the 38.2% entry was the PERFECT timing for me to go long.

Broke the curve + flag, check it out !

Comment:
Too bad I missed this very good entry ;-)
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