CADJPY on PRZ
CADJPY been bearish for a while, and now price reached an important area. We have a good support level, 200 Daily MA at the same level, 50% Fib, two daily pin bars, and RSI "oversold".
Note
I had my limit order on the 61,8 fib retracement trying to anticipate a 2618 trade, it didn't trigger, hard luck for me :) i hope you guys catch this so far. We may have an inverted H&S as you see below:
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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.