CADJPY: Potential Pullback Long
Canadian Dollar/Japanese YenFXCM
Description
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CADJPY reached a major key daily level.
on 4H we see an ascending triangle formation.
78.6 - 78.65 is its horizontal resistance.
I want to see 4H candle close above it to initiate long trade.
goals:
79.15
79.5
( if the resistance is respected and the market drops below the trend line, setup will be invalid)