CADJPY , TF D1. The trend continues
On the daily channel, the trend started. My opinion now it is possible to enter in buying. Takeprofit level is 103.77. Do not forget about SL=94.60
January 20 is the lower point of the new channel. On February 28, there was a test of the level of 100.87, in the near future there should be a retest of this level. The channel on the daily chart is obviously not completed. If we close the daily candlestick above 97.27 today, with a high probability we will make a profit. If the candle closes lower, we will adjust the take profit.
Good luck!
January 20 is the lower point of the new channel. On February 28, there was a test of the level of 100.87, in the near future there should be a retest of this level. The channel on the daily chart is obviously not completed. If we close the daily candlestick above 97.27 today, with a high probability we will make a profit. If the candle closes lower, we will adjust the take profit.
Good luck!
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