CADJPY reached a major key daily level.
on 4H we see an ascending triangle formation.
78.6 - 78.65 is its horizontal resistance.
I want to see 4H candle close above it to initiate long trade.
goals:
79.15
79.5
( if the resistance is respected and the market drops below the trend line, setup will be invalid)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.