TomProTrader

CADJPY is this the start of a long term uptrend?

Long
TomProTrader Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
17
Hi traders,

Expecting a huge move up on the CADJPY. Watch the 240 for the buy setup. Notice price hit the resistance turned support and the Fib support, showing an urgency from bulls who couldn't wait
to hit support and bought prematurely. This shows a high bullish interest.
Comment:
Follow through upside, will price hit top of structure and retest? Or could it break to the highs? I guess we will all soon find out.
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