CADJPY (Canadian Dollar/Japanese Yen) Currencies Analysis 05/04/

Earlier Neutral Analysis:

now we are having more clear vision over this Instrument with more clear Bearish Divergence with MACD which is the sign of trend reversal,
we may have some retracement to the lower Fibonacci Retracement levels of 50% and 61.8%, or so called Fibonacci Golden Zone
we can have our Stop Lose above the Resistance levels

now we are having more clear vision over this Instrument with more clear Bearish Divergence with MACD which is the sign of trend reversal,
we may have some retracement to the lower Fibonacci Retracement levels of 50% and 61.8%, or so called Fibonacci Golden Zone
we can have our Stop Lose above the Resistance levels
Trade active
we are on the correct biasTrade closed: target reached
1 TP AchievedRelated publications
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.
Related publications
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.