Description :
Looking at the H4 chart, my overall bias for CADJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 97.914, where the overlap support is. Stop loss will be at 96.640, where the recent swing low is. Take profit will be at 99.736, where the overlap resistance is.
Trading Recommendation
Entry: 97.914
Reason for Entry: overlap support
Take Profit: 99.736
Reason for Take Profit:
overlap resistance
Stop Loss: 96.640
Reason for Stop Loss:
recent swing low