CADJPY | M15
Updated
lower low was made (expecting lower high)
lower high confirms only when a new lower low is made (bear trend confirms)
support tested as resistance
dynamic resistance at 50 period SMA
50% swing retracement
lower high confirms only when a new lower low is made (bear trend confirms)
support tested as resistance
dynamic resistance at 50 period SMA
50% swing retracement
Note
full analysis:
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