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the5erstrading
Jan 1, 2018 1:55 PM

Key Levels CADJPY 01/01/2018 Short

Canadian Dollar/Japanese YenFXCM

Description

The fresh new supply above us succeed to take the price below
The last low from the left, it's a sign of bearish momentum,
The supply above seems a great level of continuation trade,
Therefore if the price will come back to that supply I'll sell there.
my first target will be the demand below, and the final target is
The support at the bottom.

Comment

For those who still in that position, i roll my stop order to 89.80
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