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HenrykPSmyth

Falling Wedge + Daily Uptrend

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
HenrykPSmyth  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Falling Wedge reversalzone uptrend
3
0
trendanalysis chartpattern fallingwedge reversalzone uptrend
We have the following factors:
  • Falling Wedge
  • Daily Reversal Zone
  • Daily uptrend
  • Respected .705 Fib level + Bullish Engulfing candle

We might expect a pullback for a better entry, or we may seek for a good PA confirmation on a lower TF.

All comments and questions are appreciated.
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