Looking at CADJPY on the h1 timeframe, it can be seen that this pair is above the Kumo cloud on the Ichimoku indicator which also indicates that this pair is in a bullish trend. This is also reinforced by the stochastic and MFI indicators which seem to be strengthening in prices. Therefore go-long can be an option for scalpers. But still have to be wary of the trend reversal.
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