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Canadian Dollar / Japanese Yen
Nov 7, 2022
CAD/JPY and new strong S/R zone
3
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On CAD/JPY is nice to see strong buying reaction from the price 107.270 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Strong volume area + Rejection of lower prices is my mainly reason for this long trade....
Happy trading
Dale
Trader_Dale
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Also on:
CADJPY
traderdale
Trend Analysis
volumeanalysis
Trader_Dale
Follow
📗 Volume Profile & Order Flow books (FREE download)
volumeprofile.com
orderflow.com
📺 Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
Also on:
Related publications
AUD/JPY Volume Profile and Price Action Analysis
by Trader_Dale
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