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