Timonrosso

Text Book Cup and handle for CAD JPY- Nice buy soon!

Long
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Notice I said the word SOON.

There has been a text book cup and handle formed on the CAD/JPY/

It's just about to complete the handle forming its brim (resistance).

Now only once the price breaks out, closes above and opens above the brim - will it signal a decent long.

Until then, I'm waiting.

We have other bullish signs along the way.

7>21>200
RSI >50

Target 123.20

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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