It seems like CADJPY reacted to the support zone of fibonacci ratio and trendline + 88.0 -> round number.
But before buying i'll wait for another retest near the low or another low with a false break.
Then, a close above 88.5 ( which is a fibonacci ratio of the bigger swing and the last swing ) Will set CJ to 89.7 zone and 90.5 zone .
Best of luck :-)
But before buying i'll wait for another retest near the low or another low with a false break.
Then, a close above 88.5 ( which is a fibonacci ratio of the bigger swing and the last swing ) Will set CJ to 89.7 zone and 90.5 zone .
Best of luck :-)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.