Canadian Dollar / Japanese YenUpdated

Plausible Bullish doubt on CAD/JPY

I an able to spot a good trade opportunity on CADJPY, but at the moment, the direction is not very clear, since the pair has been ranging since Monday Open.

I keep wating for a nice Trend to join at the top pr bottom. A break above the supply zone would mean Buy for me while a break below the demand zone would mean sell. Both entry will be taken in 15Min TF and i have to see a divergence to support the entry of the trade.

You can watchout for either
Note
Still bullish on CADJPY, but it is nice taking a few 5% profit out first


snapshot
Note
And the CADJPY target was triggered - +410 pips

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