growthbank

[Growthbank] CADJPY Buy and Sell Idea

OANDA:CADJPY   加元 / 日圓
We have two trades present. The first one is the buy trade into the sell zone and the next one is the sell which is the main trade for CADJPY. We have a flag formation from the daily diagonal s/r zone. The lowest key level formed was in the most recent liquidity zone and rejected.

Expectations: The market will come down, test the lowest wick and then buy into the break of structure and sell zone.

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