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  • Vasily Trader

CADJPY: Long Trade Explained (forecast)



hey guys,


🟢I just took a long trade on cadjpy.


Reason:

the price reached a strong key level on a daily

this key level matches with a support line of 4H rising channel

on 1H the price formed a double bottom formation


I entered after a breakout of minor resistance on retest.


goals:

80.18

80.325

80.55

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