Get started
Drw1994

CADJPY

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Drw1994  
FX:CADJPY   Canadian Dollar / Japanese Yen
Supply and Demand Fibonacci Candlestick Analysis CAD jpy CADJPY priceactiontrading Forex priceactionanalysis Technical Analysis
0
0
supplyanddemand fibonacci candlestick cad jpy cadjpy priceactiontrading forex priceactionanalysis technicalanalysis
keeping it simple, price is generally on an upward trend. On the 4hr chart above we see that trend line broken, price now dropping to retrace to a demand area confluenced with the 0.5 fib level, before looking to go long there

Let me know if you agree
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.