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CADJPY OUTLOOK w bullish outlook

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1. Retest of previous weekly structure.
2. Next week we see important CAD data coming in. I have a bullish bias on the CAD GOV hiking rates. So a bounce off this structure for me is expected.
3. Good RR with SL below structure.
*Anything can happen to bullish bias does not mean shit unless we have decent price action around the structural support area.
*Pullback volume is also higher compared to the wave up so next week we will need to determine whether the selling pressure is still there.
Pesanan dibatalkan
Structure failed
Nota
Entered in at a higher price again. Note to self* Always re access failed structures to see if structure has really been broken.

Penafian

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