CADJPY pair seems like is going to complete a triple cycle up on the H4 chart near 90.00 zone. I think it is a good idea to look for sell opportunities there. Here is my plan for action.
H4 – Potential Triple Cycle
Wait for the price to reach the 90.00 zone and look for H1 trend line breakout to the downside.
Aim to collect first part near the 85.00 level and set your SL to break even. Second target would be the 80.00 level.
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