Price is currently stuck in a range, seeking for buy side liquidity by accumulating buy orders in this dealing range looking forward to discount prices next week before price rallies up to efficiently trade the fair value gap. Buy at 1.17712 order block.
Hello Traders. CADJPY Price has approached our daily area of Demand and on Friday we saw prices pushing up to 50% of the previous candle. The Orders were picked up and filled successfully. Goodluck!!!
High Probability Trade but First we need to follow the rules and be patient
Due to the decline in jobs i'm expecting the poud to drop since hedge funds have also been decreasing their long position on the pound however on technical side of the story ,odds are on our side as you can see price is currently trading at supply, orders were successfully accumulated on the rising wedge chart pattern that is fully formed and broken the selling...
Price approaching our Weekly Discount Array,place your buy limit orders
SELL IDEA Market is currently at a premium array and from here on wards i'm now looking for price distribution to discount arrays since there are liquidity voids that were not closed
We all know Canada is one of the largest Oil Producers so yesterday we saw oil dropping below the 28. mar, in that price region the price then triggered those bullish orders and from here onwards my bias is Bullish on CADJPY as well as oil since they positively in correlation with one another