CAD/JPY Trading Analysis (28/11/2023)
The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading analysis:
Buy at the formation of the ascending wave structure.
Stop-Loss: 108.77.
Target price levels: 109.60, …