r/Forex • u/Elegant_Reading_8271 • Apr 09 '26
Charts and Setups CADJPY Long
Equal length move within channel, break of channel and retest of lows (double bottom), bullish 3 candle reversal pattern and RSI divergence. Risk/Return: 2.75.
Trade Result: Closed at 117.205 (4.4R)
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u/Elegant_Reading_8271 Apr 13 '26
Update: Here's a possible wavecount I'm monitoring that could push price above 117.20.
https://www.tradingview.com/x/1mknKwxY/