CADJPY 4 Hour Analysis (11 August 2023)
CADJPY 4 Hour Analysis (11 August 2023)
1. Price is in a pattern
2. Also, price is near the supply area
3. If the price breaks the supply area, we can
go for long but we can take confirmation on
retest and DMI / ADX
4. If price respects the supply area
then we can go for short, this also we
can confirm with DMI/ADX, also with this
the trendline can be a break in the
short movement of the price.
1. Price is in a pattern
2. Also, price is near the supply area
3. If the price breaks the supply area, we can
go for long but we can take confirmation on
retest and DMI / ADX
4. If price respects the supply area
then we can go for short, this also we
can confirm with DMI/ADX, also with this
the trendline can be a break in the
short movement of the price.
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