SHORT CADJPY TIMEFRAME DAILY

3 Ara 2019

i like to keep trading as simple as possible, as you can see here you have a support and resistance lines marked with a sensitive zone marked where i think the price will reach. You can see the price broke the resistance level retested then had a couple of doji candles indicating price is struggling to break through. it has now broken the support (old resistance level) and is now testing the old support line, i would like to wait for a retest of the support before i enter this trade but it could play out nicely

3 Ara 2019

Not

we also have a big strong bearish candle