Technical Analysis
1. Market broke through the support of the resistance zone
2. Market retested after the breakout
3. Diagonal Head & Shoulder Formed
4. Forming of the 2nd Shoulder at retracement level
Safe Take Profit at 87.640
Looks like a CADJYP long is lining up nicely.
Reasons;
Rejection on support level 3 times.
Possible pin bar candle forming.
Confirmation on indication of long position.
I want to wait to make sure this candle closes as a pin bar then tomorrow wait for a slight pull back before taking my long position.
