Cad/Jpy made a 618 retracement from the previous swing low.
I am selling this...
This idea is only based upon the 618 retracement level on the daily chart and I expect a new swing low. Sometimes price can make a 786 retracement so your stop loss needs to be above the daily candles there on the chart!
I am expecting a sell based on the idea of the Fibonacci Level!!! We should wait until the sell is confirmed on earlier time frames.
Trade it small and good luck!!!
I am selling this...
This idea is only based upon the 618 retracement level on the daily chart and I expect a new swing low. Sometimes price can make a 786 retracement so your stop loss needs to be above the daily candles there on the chart!
I am expecting a sell based on the idea of the Fibonacci Level!!! We should wait until the sell is confirmed on earlier time frames.
Trade it small and good luck!!!