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TraderMetatronFx

CADJPY - Basic S/R flip idea - 4hr Chart

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
TraderMetatronFx Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Support and Resistance Supply and Demand
7
0
supportandresistance supplyanddemand
CADJPY has been ranging, as with other Yen pairs. A basic S/R has presented itself here.
Trade closed: stop reached:
Setup failed. Will redraw new S/R zones for next week
Comment:
As a note for next week. As we can see , a 4hr supply zone has formed at the zone that failed to hold as support. Perhaps a area for a short next week.
snapshot
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