Preparing the week with 100eyes Forex Scanner - CADJPYNow that the markets are closed, we can take a step back and carefully observe all pairs.
After closing in on a strong support zone from the 4h, we see three very bullish signals:
1) The RSI is recovering
2) A hammer has been printed
3) A huge green candle formed after the hammer
This is a great opportunity for a long, and after observing the a confirmation on the price action during the market open we can decide to enter this long trade.
