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Snick3rSD
Apr 12, 2024 5:05 PM

CADJPY - Potential sell idea ✅ Short

Canadian Dollar/Japanese YenFXCM

Description

Hello traders!
‼️ This is my perspective on CADJPY.

Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from S/R zone + FIBO 0.618 level.

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