Ascending channel. Bottom entry. Rejection off 4hr and daily support level. Trade back to daily pivot. Bullish engulfing pattern at bottom of channel. ADX is above 25. Positive DI cross of negative DI on the 1hr.
Note
GBPJPY, not CADJPY!
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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.