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MtxTrader

CADJPY - Possible Reversal Trade by Resistance TL breakout.

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
MtxTrader Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY 1h priceaction reversal Support and Resistance Trend Lines Bullish Patterns LONG
2
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cadjpy 1h priceaction reversal supportandresistance trendline bullish long
This will be a reversal category setup, as price seems to be recognizing the resistance trendline as a barrier that bulls need to break.

This is going down for now, and it may make one more push downwards, but I'm looking at an eventual (next week) breakout and price rising to next resistance.
Comment:
entry not hit, looks like I was right with the one more push down, will be waiting for a rebound off that support trendline down there and then a break of the resistance trendline, in that order, to buy next week.
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