CAD/JPY and new strong S/R zone
On CAD/JPY is nice to see strong buying reaction from the price 107.270 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Strong volume area + Rejection of lower prices is my mainly reason for this long trade....
Happy trading
Dale
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Strong volume area + Rejection of lower prices is my mainly reason for this long trade....
Happy trading
Dale
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