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Chibuike_Odoh

CADJPY - Potential retracement 🔼

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Chibuike_Odoh  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators CADJPY Forex currency
1
0
trendanalysis chartpattern indicator cadjpy forex currency
CADJPY rejected the major resistance level and brokedown below the trendline support.
Price is approaching the minor support level.
RSI is printing a bullish divergence signal.
The market is printing a falling wedge pattern.
Buy entry - breakout above the falling wedge resistance + previous swing high.
Target - fibonacci retracement levels.

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