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JuanAlexander95
Jun 19, 2019 3:22 PM

Long on the CAD Yen Long

CAD/JPYOANDA

Description

Looking in at the Daily chart, we can see a series of potential trading opportunities that one might have profited from. Multiple descending channels yet price never dropped so low so as to touch the 79.809 support line.


Looking in at the 4HR chart, we see what looks to be the beginning of a reversal impulse, correction, impulse with price entering the next impulse round.


I'd say this is a good short term buy opp to grab around 80-90 pips
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