CAD/JPY Volume Profile and Price action analysis
On CAD/JPY is nice to see strong sell-off from the price 108.200 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + S/R zone from the past + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + S/R zone from the past + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
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