RandyFuego

CADJPY 4H Outlook / Buy Opportunity

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
As explained on the chart, many factors lead to the thought that CADJPY its a potential buy on the 4H chart.

A bearish breakout of the bullish pennant would be a change in price and this idea becomes invalid, but this seems unlikely due to Canada's economic reports for this month, such as the positive GDP report.

Trade safe and protect your capital at all cost.

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