Trader_Dale

CAD/JPY Volume Profile analysis 📊

FX:CADJPY   Canadian Dollar / Japanese Yen
On CAD/JPY is nice to see strong buying reaction from the price 104.37 , there is nice to see strong volume area....

Where is lot of contract accumulated...

I thing that buyers from this area will be defend this long position...

and when the price come back to this area, strong buyers will be push up the market again...

Resistance from the past + Uptrend + Strong volume area is my mainly reason for this long trade....



Happy trading

Dale

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