Watching higher time frames I'm thinking the CAD/JPY is going to have a pretty big sell off.
It seems like it's obeying the trend and the resistance levels. We would want to see the hourly candle close below these levels.
(This is a remake, same price and everything) Just don't think I posted it right as I could not see the currency move at all.
Hopefully this sucker follows the long term trend and continues downwards, but we will soon see.
Thoughts? Be sure to leave a comment or message. Safe trading, ya'll!
It seems like it's obeying the trend and the resistance levels. We would want to see the hourly candle close below these levels.
(This is a remake, same price and everything) Just don't think I posted it right as I could not see the currency move at all.
Hopefully this sucker follows the long term trend and continues downwards, but we will soon see.
Thoughts? Be sure to leave a comment or message. Safe trading, ya'll!
Hoping it's just testing levels and heads towards the 38.2 fib which is at 86.860
and continues downwards.