hello traders.we had choch in 4hr .after price pullback to this demand area we search for confirmation in smaller time frame to open our long position.
R:R 2
“”your follows and boosts encourage me to publish more analysis””
hello guys.we are in a long setup.as you see in1hr a bullish candle closed above the last high and changed the direction of trend(CHOCH),also in 4hr we have FVG area above this OB.so in smaller time frame we can wait for reason to open our long position.
R:R 2.24
“”your follows and boosts encourage me to publish more analysis””
🔰You can see the analysis of the Canadian dollar to Japanese yen currency pair in the four-hour time frame (CADJPY_ 4H)🔍💣
💥As it is clear from the picture, the price is moving in an Bullish parallel channel🖤❗If the price can break the lower line of the channel (dynamic support) and stabilize❗ below it, then it can have a downward trend until the DEMAND zone and...
gbpjpy has the potential to continue rising with a pretty good target
make sure the stop loss is below 151.8
the farthest target that can be reached is 153.9
