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Canadian Dollar / Japanese Yen
Long

CADJPY : Long Opportunity

By kwaziphungula
A confluence of Fibonacci and support line around a harmonic pattern spells a long opportunity. The price may try to reach a Fibonacci level of 127.2% at 85.76 but fail since it is seriously oversold. For those who can't wait for the formation to complete as indicated on the chart, wait for at least 87.5 to break set stop a few pips below 85.76
analyticsBullish PatternsBullish BatBullish Gartleybuycaddiecad_jpyCADJPYcadjpylongcanadianCrabDaily ChartsdailyanalysisdailyoutlookDaily PivotsFibonacciforecastforecastingForexforexanalysisforexforecastforexsignalsforextargetsforextradingforextradingzonesHarmonic PatternslearntotradeLONGoutlookresearchsupportSupport and Resistanceyen
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