CAD/JPY - A nice LONG direction setup

Updated
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At the moment we are in the lower bound of a 7 months old channel. Now, there is a nice long direction setup with also a nice R:R, so if I will see a bullish pattern as confirmation, I'll go long.
Trade active
Trade closed: target reached
CADCADJPYjpyParallel ChannelpriceactionSupply and DemandtrendTrend Analysis

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