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CADJPY H4 Short

由MrB_提供
In my opinion the overall trend is bearish. The weekly/Daily Fib has found resistance at the 61.8% showing major rejection at this level also at a psychological round number 85.000. H4 channel has been broken to the downside and seems to be currently retesting this area. If we can get a continuation I believe we can reach the channel base, Fibonacci base and possible the Fibonacci extension.
FibonacciTrend AnalysisTrend Lines
MrB_

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