FX:CADJPY   Canadian Dollar / Japanese Yen
We have see a nice breakout and retest of the trendline .
On the retest we can see that the candles have formed a reversal pattern, we can see an evening star and an upside down pinbar which some might call it a hanging man .
it all fall sin line with the resistance zone and its within the 61.8fibonacci area!

Confirmations :

1 - Fibonacci 61.8% area
2 - Resistance Zone
3 - Brea and retest of trendline
4 - Reversal patterns

Comments

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