FX:CADJPY   Canadian Dollar / Japanese Yen
This is the turning point for CAD/JPY for me to enter a long position. Although it broke through resistance a while ago, slowly but surely it found its way back down to what is now new support. The preceding trend, indecision candle at the end, the new support, and the overall trend all are my confirmation that it is time for me to get in. As always when it comes to trading, to each its own. Trade accordingly.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.