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VladimirRibakov

CADJPY Buy Idea

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
VladimirRibakov  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis CADJPY buy range Bullish Divergence high breakout
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trendanalysis cadjpy buy range bullishdivergence high breakout
H1 - Price has reached the bottom of the range, bullish divergence.

If we didn’t get a valid breakout below the bottom of the range, we may then expect the price to respect it and move higher again.

If the price moves higher and breaks above the high shown in the chart, we may then start looking for buys with more bullish evidences.
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