CADJPY / Weekly chart
Trade Bais: Bearish.
From An analytical point of view we see the CADJPY approaching a very important area that combines three trading strategies :
1- Strong resistance zone.
2- 0.5 Fib Level.
3- The monthly trend line for the bearish trend.
For our long-term trade, we will be watching what type of price action we get when price approaches the area before taking a short trade.
Trade safe,
Trader Leo
Trade Bais: Bearish.
From An analytical point of view we see the CADJPY approaching a very important area that combines three trading strategies :
1- Strong resistance zone.
2- 0.5 Fib Level.
3- The monthly trend line for the bearish trend.
For our long-term trade, we will be watching what type of price action we get when price approaches the area before taking a short trade.
Trade safe,
Trader Leo
Bình luận:
We are getting there
Bình luận:
The first rejection of the resistance. Sign of sellers coming to the market
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Youtube:
m.youtube.com/@beatthemarket4871
Our recommended broker EightCap: join.eightcap.com/visit/?bta=37691&brand=eightcap