CADJPY 4 Hour Analysis (20 June 2023)
CADJPY 4 Hour Analysis (20 June 2023)
1. Price is in prev. Supply Area
2. price is in uptrend, but it can retest till MA
3. also we can see that price is in consolidation, so at consolidation breaking we can expect a movement
4. another confirmation from RSI, we can see the price is in overbought region, trying to enter the RSI zone,
5. So, let's wait for a proper move
1. Price is in prev. Supply Area
2. price is in uptrend, but it can retest till MA
3. also we can see that price is in consolidation, so at consolidation breaking we can expect a movement
4. another confirmation from RSI, we can see the price is in overbought region, trying to enter the RSI zone,
5. So, let's wait for a proper move
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.