TraderMetatronFx

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

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
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.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter