IvanLabrie

CADJPY: Potential long setup tonight

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
This pair is flashing an inminent buy signal.
If you look closely, the 1h chart shows an incipient uptrend, moving in impulsive fashion, and 4h and daily show price found support at a previous range expansion zone.
I'll be looking to go long on a retracement to 100.035 with a stop under the recent low, target is the weekly uptrend's target.
Good luck,
Ivan.

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