Looking at cadjpy
is interesting to see, we look to be going long on the 4hr chart possibly with this 4hr doji
formed on market close. However, do be careful are there is an area of interest to me before continuing to go long, look further into the chart we can see another trend line
looking as if we line to our moving average of 200. I will personally be waiting till we reach the lower zone and create a double bottom
. IF we can hold this zone i will look for longs.