We had a doji candle close at the 61.8 fibo level . A couple of rejection candles too off this level. this clearly presents an opportunity of a long-term buy which might create a new high.i will be watching for price action to place an order especially on lower time frames.
To add on this cadjpy has also been making a series of higher highs and lows on higher timeframes.
To add on this cadjpy has also been making a series of higher highs and lows on higher timeframes.
Note
counter trendline
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Disclaimer
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.