exploration

Wedge Break Out CAD/JPY

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
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Looks like a breakout of a wedge . . the RSI looks good for a bullish trend
This is what the Fib Retracement looks like on CADJPY
See my one hour chart for information on this trade idea This is the one day chart where you can see the double bottom and the Ideas
To Follow my charts click on the follow button.Thank You. This link has tips on how to use the Fibonacci Retracement . http://www.babypips.com/school/fibonacci...

Comments

Price has hit the Fib retracement at 38.2% I made +11 pips on this trade
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