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gibbsys

CADJPY Long Setup

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
gibbsys  
FX:CADJPY   Canadian Dollar / Japanese Yen
Support and Resistance Trend Lines Parallel Channel popular
5
0
supportandresistance trendline parallelchannel popular
Trend: Bullish
Structure: Parallel Channel & Support and Resistance

Plan: We identify a parallel channel and a buy zone, we look for either price to respect lower channel line and bounce to previous high or fall further to the buy zone then move up.

We need CCI and RSI confirmation people entry.
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