Hello guys, if you like my idea, do not forget to support with a like and follow for more. CADJPY is overall bullish in monthly TF, now trading in the black channel after seeing a higher high. Price tested at the 4H OB and the bears took in charge and broke structure. CADJPY is kinda of bearish for now. Technically i expect price bounce at the awaiting major support (97.00) area then boom to a new high
Trigger: wait for price to test at the major support 97.000 area, then wait for a break above the 4H OB and then buy after the momentum candle close above it.
Remember to always follow your trading plan regarding entry, risk and trade management.