CAD/JPY | Potential Upward Movement 🚀

12 במאי 2021

Technical Analysis:
The price is trading inside a bullish flag formation where the pair found buyers around the 61.80% Fibonacci retracement level and led to a breakout of the flag formation to the upside. Now the price is stuck above the highlighted zone where we could see a rally again toward the target profit.
-------------------------------------------------------------------------------------
Trade Idea:

Buy Limit Order @ 89.97

Take Profit @ 90.63

Stop Loss @ 89.69

Trade Safely 🙂