Canadian Dollar / Japanese Yen
Long
Updated

CADJPY - Teacup + W

167
CADJPY buy set up -

The market has formed a teacup on 4hr TF
since 17th April and up close a W is forming.
Anticipating a move to the upside from resistance trendline break
resulting in a 115 pips move.

For CJ to continue rising it must break the resistance trend line.
Order cancelled

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