CADJPY Long

Canadian Dollar/Japanese YenFXCM

Description

⋅ Mar 20, 2021 11:27 AM

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