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Retest

💱CADJPY - A retest of support will send the price down CADJPY breaks uptrend support and after another correction forms a signal that suggests that the market is preparing for further decline TA on the high timeframe: 1) After breaking the 109.268 support, a correction is formed. In the medium term, the price may test this line before further growth 2) The market is interested in the liquidity area below 109.336 and 0.5 Fibo level. TA on the low timeframe: 1) A break of trend support is forming - a risk zone for price. The market is rebuilding 2) The level of 109.938 is formed and after a small correction to 110.3 the price returns to the support and forms a signal. 3) Breakout of 109.938 and price consolidation below the level will form a sell signal. Key resistance📈: 110.37 Key support📉: 109.938 and 109.226
Short
by AndeWave
9
Timing Is The Utmost Important Of Em AllTrying to become more active on Tradingview by posting as much analysis videos as possible. If im wrong or said something wrong and you dont address me then nothing will get resolved. I'm open to ideas but I do believe the candlesticks speak for itself. Our timing has to be impeccable. We cant time the market but we can sure predict its direction thru candlesticks. Whether we accept what we see or not, the candlesticks wont lie, especially if it has a closing price as I believe thats what determines its trajectory. When the closing price closes higher than opening price, it's bullish and CP is lower than OP then it's bearish. We take these facts and determine for ourselves. We must stay objective.
TVC:DXYLong
by imonmyrise