Trend line Bounce on CAD/JPY (1 Hour)

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After analysing CAD/JPY on the 1 Hour,I can see a downtrend trend line that has successfully been respected with 3 touches. I have also used Fibonacci to Find is it currently at any key level and it is at the 0.236 level. I am looking to go LONG once this level has been crossed and have a target to the 0.382 level on the Fibonacci, specifically the 80.563 level.
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交易結束:目標達成
Well Done guys. Those who took this trade have won handsomely. The market had bounced off the trend line and move upwards, just before the moving average.
Chart PatternsTechnical IndicatorsTrend Analysis

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