marto_el
Long

CADJPY Long entry opportunity

FX:CADJPY   Canadian Dollar/Japanese Yen
12 0 0
We have recently completed an AB=CD move back to previous levels of resistance. RSI on the 4H is oversold. Monthly S1 and Weekly S2 pivot in confluence @77.450, so it will be an interesting level to watch on a smaller timeframe for a future trend change.
Comment: This is the kind of price action I am looking for:
snapshot
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