Hey guy, this is my analysis on CADJPY on the 4H Timeframe.
- Downward Channel
- Hit Strong resistance and is attracted towards strong support.
- Waiting for strong breakout or continuation of pattern.
- RSI and MACD showing downtrend.
- Red Candle and below EMA
Cheers.
- Downward Channel
- Hit Strong resistance and is attracted towards strong support.
- Waiting for strong breakout or continuation of pattern.
- RSI and MACD showing downtrend.
- Red Candle and below EMA
Cheers.