# CADJPY Daily Long Setup

> CADJPY breaks above key pattern neckline for potential rise.
- Title: CADJPY Daily Long Setup · TradingView | Shortify
- Summary: CADJPY breaks above key pattern neckline for potential rise. CADJPY has broken above an inverted head and shoulders neckline on daily charts, signaling a…
- Keywords: cadjpy, tradingview, fx_idc, inverted head and shoulders, bullish divergence, neckline breakout, business, finance, Daily, Long, Setup
- Source: TradingView — https://tradingview.com/chart/CADJPY/XTN8m8CJ-CADJPY-Daily-Long-Setup
- Published: 2026-10-29T18:59:52+00:00
- Read time: 1 min
- Topics: cadjpy, tradingview, fx_idc, inverted head and shoulders, bullish divergence, neckline breakout, business, finance
## CADJPY Daily Long Setup
CADJPY has broken above the neckline of an inverted head and shoulders pattern on the Daily timeframe.
## Bullish Divergence Confirmed
Price made a lower low while the momentum oscillator made a higher low, suggesting selling pressure was fading.
## Trade Plan Details
Entry: 112.977, Stop Loss: 112.282, TP1: 113.680, TP2: 114.373, TP3: 115.066 with 1:3 risk-to-reward ratio.
## Key takeaway

CADJPY has broken above an inverted head and shoulders neckline on daily charts, signaling a potential upward move.