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OsamaAbouzeid
Jul 6, 2015 9:01 PM

CADJP Y_ FIB Levels Consolidation  Long

Canadian Dollar/Japanese YenFXCM

Description

Price is inside the decision zone , i think may be it will reverse due to the following reasons:-
1- Double bottom in lower time frame.
2- Valid structure level.
3- RSI oversold.
4- 1.618 Fib extension for AD Leg.
5- 0.764 Fib level for BA Leg.
6- 0.618 Fib level for CA Leg.
7- 0.500 Fib level for EA Leg.
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