CAD JPY - 4 hour sell setup

By XYHLX
Updated
Overall CAD JPY is bearish, awaiting the positional sell after the "bounce back" for CAD JPY.
Price is looking to complete the Fibonacci sequence at the desired profit target.

For the entry to become valid - expecting price to reach the desired zone before the sellers react to the price level upon the four hour zone of interest.

Good luck,
XYHLX
Trade active
Comment
going strong
CADJPYFibonacciFibonacci ExtensionimbalancesmftaPivot PointspostionalSupply and DemandTechnical Analysisxyhlx

Related publications

Disclaimer