Technician
Long

#CADJPY: Short term rebound likely #forex

FX:CADJPY   Canadian Dollar/Japanese Yen
1368 3 34
Looking for further upside correctional bias as the price completed a double bottom on the four-hour chart below 94.60-94.50 support area . Followed by a successful retest to the neckline and a rejection bar. Looking for 95.30 to act as next resistance followed by 96.00 mark. Invalidation with a four-hour closing below 94.50.

My best regards
Technician
Subscribe to my trading portal http://thefxchannel.com
My trading ideas channel https://telegram.me/technician_forex_trades

Get your gift : https://thefxchannel.com

Skype: Technician - The forex channel
If IHS becomes true I will long the breakout of the wedge and forming of right shoulder.
snapshot
Reply
Good one, it seems the CAD is showing some recovery. I entered long the CADCHF also. Regards
CADCHF-Recovering from the darks??
Reply
Totally agree.
I see a correction until 95.520.
If we get a PB in 4H or 1H TF, I will go short with TP 93.182.
Regards
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out