Technician
Long

#CADJPY: Short term rebound likely #forex

FX:CADJPY   Canadian Dollar / Japanese Yen
1373 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

Latest trading ideas: https://www.youtube.com/channel/UC02s7uiUQl55HkhHZDM6eUw/videos

Free Telegram Channel: https://t.me/technician_forex_trades

Trading Signals Redefined: https://thefxchannel.com
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
Good one, it seems the CAD is showing some recovery. I entered long the CADCHF also. Regards
Reply
If IHS becomes true I will long the breakout of the wedge and forming of right shoulder.
snapshot
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out