CADJPY, at S/R zone + trend line.
Price is currently in a 4H support and resistance zone which also intersects with a 4H trend line. We have multiple confirmations that we could get a nice bullish move in this zone. Once price continues to respect this zone without breaking through it, drop to a lower time frame and look for a reversal pattern before entering a buy. However, if price breaks below this zone and trend line, wait for a retest before taking a bearish trade.
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