Dale_Ansel
Long

CADJPY DOUBLE BOTTOM . . .

FX:CADJPY   Canadian Dollar/Japanese Yen
66 2 4
Weekly chart showing this level as previous resistance.
Now its showing support in the 4h chart. Just completed
a double bottom (70% chance of bullish reversal)

If price reaches the neckline there is a 67% chance
statistically that the target of 103.25 will be hit.

Good Trading!
Nice pattern, thank you for sharing!
Reply
Hi Dale,

I see your double bottom didn't hold, i was also keeping an eye on this setup! This is my current idea i have with this pair
A potential counter trend on CAD/JPY


If you get a minute check it out and let me know what you think! Any like, share or comments are welcome!

Good trading!
Reply
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