Forex Trading For Beginners Analysis on CAD/JPYOn the higher time frame, price is currently trading on the bearish order block of the H8 and it was refined to the H1 timeframe and there is already a break in market structure to the downside, we then wait for the price to go back to the bearish order block area we then go to the m5 or m15 for entry. I think the price might go down to meet with at least the H4 OB before pushing to the upside.
Cadjpyshort
CADJPY, Bears are Expected..!As salam alaikum
T.A Review:
Bullish Channel
Consolidating since last Month
Another Falling Wedge
Holding Rejection zone i.e 82
Strong chances of pullback.
F.A Review:
Dollar strengthens and Covid can't be ignored.
FED decisions, NFP,ISM and PMI are on the way
as well. Market will be highly manipulative this
month.