CADJPY H1 breaks rising trendline but currently respecting H4 support level and H1 support level. Price is yet to break horizontal support which could be fakeout for rising trendline and retest of support level.
It is more of double bottom as at the time of publishing this idea.
It means buying but if H4 candle closed below the H4 support, that will result to change of character to sell.
It is more of double bottom as at the time of publishing this idea.
It means buying but if H4 candle closed below the H4 support, that will result to change of character to sell.