TradingView
shidiq
Mar 26, 2019 4:03 AM

View on CADJPY Short

Canadian Dollar/Japanese YenFXCM

Description

As we've had multiple waves of downtrend, I expect another one happening around this current region.

The first zone charted coincides with a major resistance level, mthly pivot and 50%-61.8% retracement from the recent downward move.

Awaiting confirmation on H4.

Comment

Previous zone invalidated. Still monitoring the higher true zone for a short entry.
More