FX:CADJPY   Canadian Dollar / Japanese Yen
The price is in a bullish channel on the 4-hour chart. The price has now touched the top of the channel trend line as resistance and it may want to make a decline. The graph I show is 30 minutes. Now I hope that the price rises to my entry price where it would draw the double ceiling as I indicate with the arrows. So let's see what happens. These are all probabilities. Nobody knows what is about to happen. I'm just trying to put the odds in my favor, then the price will do what it has to do.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.