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nilecloudltd
Sep 27, 2022 11:36 PM

CADJPY POSSIBLE BUY Long

Canadian Dollar/Japanese YenFXCM

Description

Price is in an uptrend and has respected the lower trendline at 0.618 Fibonacci retracement which is also a support level hence a possible buy.
The conservative ones can wait to enter after price breaks and closes out of the counter trend trendline (BLUE LINE) at H4

Comment

Price already passed 110.200
Comments
LightTrading
You got a monthly supply that was hit A weekly bearish divergence , you may see some retracement but I believe it’s gonna continue to drop. Happy trading
onthatiletshabile
Nice one
Chibudom
It’s an uptrend. Except you are a counter trend trader then you can trade the little reversals on the lower time frame
thdehddns
This analysis is the worst of the worst analysis. Look at the weekly chart. It is started reversal!!!! I can not understand why you think so. Study candle pattern!!!
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