Another set up here...
CADJPY
A few reasons why I entered this trade:
- Following the strong uptrend with all moving averages showing as bullish
- MACD suggesting further bullish movement
- Bullish flag pattern formed (a continuation pattern before price continues its bullish movements)
- A strong retest of the 117.55 support zone which saw a bullish reaction
- A break through of the bullish flag following this positive retest
Lets see what happens!