naynay97

cad/jpy bullish setup

Long
OANDA:CADJPY   Canadian Dollar / Japanese Yen
On the chart today, price makes a consolidation period after the accumulation period.

Seems to be a lot of range movement between support and resistance and then price decided to create a rising wedge which created a minor resistance zone . Waiting for price to drop lower towards support and place a buy order then.

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