HammadFXPro

CADJPY - FALLING WEDGE

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY is creating a FALLING WEDGE chart pattern which indicates that soon price is going to be BULLISH. Moreover, the RSI indicator shows BULLISH DIVERGENCE which further indicates the BULLISH structure. So, we opened an instant buy position because the price was at our potential entry price.
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