Lingrid | CADJPY long from SupportThe price perfectly fulfilled my last idea. The market went up from support after a double test. FX:CADJPY bounced off the border of the channel. The market formed the range zone. I am waiting for the price to go down to the support level, then potentially breakout and move higher. The long-tailed bar at the resistance formed on the weekly timeframe suggests that the market may update and swing high. My goal is the resistance zone at 111.500.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻