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CADJPY : Long Opportunity

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
kwaziphungula  
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY Harmonic Patterns cad_jpy cadjpylong forexsignals forextrading Forex forexforecast Crab support Support and Resistance learntotrade canadian caddie yen analytics Daily Charts outlook dailyoutlook dailyanalysis Daily Pivots LONG Bullish Patterns Bullish Bat Bullish Gartley buy research Fibonacci forextradingzones forexanalysis forextargets forecast forecasting
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A confluence of Fibonacci and support line around a harmonic pattern spells a long opportunity. The price may try to reach a Fibonacci level of 127.2% at 85.76 but fail since it is seriously oversold. For those who can't wait for the formation to complete as indicated on the chart, wait for at least 87.5 to break set stop a few pips below 85.76
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