CAD/JPY - SELL ... as you can see price is in a uptrend creating HL (higher lows) and HH (higher highs) we have now just hit a past support level acting as a resistance now.i have drawn a fib from swing low to swing high and we have a past resistance level at the 0.382, which now could possibly act as a support to create a new HL (higher low) continuing in an...
BACK TESTING IDEA... CHF/JPY - LONG - 4 HOUR 1.I noticed we were making big bearsish candlesticks when making our way to support,bears candlsesticks started to lose momentum when coming towards support. 2.At the support level, i spotted a bullish engulfing candle which is a sign of bullish momentum,also the RSI indicator was in the underbought section which...