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Snick3rSD
Feb 2, 2024 4:17 PM

CADJPY - Look for taking liquidity ✅ Long

Canadian Dollar/Japanese YenFXCM

Description

Hello traders!
‼️ This is my perspective on CADJPY.

Technical analysis: Here we are in an accumulation phase, so I expect we can see AMD pattern, price firstly to take buy side liquidity and then to distribute lower for sell side liquidity.

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Comments
ahmedzahid2799
Would you be looking to take a sell position from the 110.500 range?
Snick3rSD
@ahmedzahid2799 only after taking buy side liquidity
ahmedzahid2799
@Snick3rSD, Are you still long?
Snick3rSD
Setupsfx_
Great work agree with you, on this one.
Snick3rSD
@Setupsfx_ thanks sir
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