CADJPY : Expectation for week May 31 - Jun 4
M/W/D are all bullish.
Price can dip into discount, close the weekly FVG and get rejected from bullish 4H zones as marked inside the weekly OB+
Eventual target is the M+W upside liquidity
Do note : there's a bearish breaker in formation after price rejected from the D OB-. However, since every timeframe is bullish, I would rather buy than sell.
Wait for price to show bullish rejection from 4H zones, then trade along.
Trade safe. GLGT.
Price can dip into discount, close the weekly FVG and get rejected from bullish 4H zones as marked inside the weekly OB+
Eventual target is the M+W upside liquidity
Do note : there's a bearish breaker in formation after price rejected from the D OB-. However, since every timeframe is bullish, I would rather buy than sell.
Wait for price to show bullish rejection from 4H zones, then trade along.
Trade safe. GLGT.