i98321

CAD/JPY Long idea.

Long
i98321 Updated   
OANDA:CADJPY   Canadian Dollar / Japanese Yen
In my opinion, the pair tested the support and got rejected. There could be second test and it will be rejected as well with high probability. But you can go long with a good risk-reward ratio.

TP: 81.700
SL: 77.800 4h hour candle close.
Comment:
Because of the "falling three method candlestick pattern" on the daily chart, there is a higher probability to retest lower first before continuing higher.
Comment:
Well still going...
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