CADJPY RETEST SUPPLY/RESISTANCE FOR THE THIRD TIME
CADJPY HAS REACHED A STRONG RESISTANCE ZONE WHICH AT CURRENT TIME OF MOMENT 2020/07/21 "10:00AM GMT & 12:00PM GMT+2H" HAS RETESTED THE SUPPLY ZONE FOR THE THIRD TIME.
IN ORDER TO CONFIRM THE STRONG RESISTANCE PRICE MUST CLOSE BELOW THE SECOND RETEST HIGH AND REVEAL AN INDECISION REVERSAL CANDLE RALLY BASE DROP KNOWN AS EVENING STAR PATTERN ON THE H4 TIME FRAME. FROM THERE YOU WILL HAVE YOUR ENTRY ZONE, STOPLOSS ZONE AND TARGET ZONE REVEALED CLEARLY.
IN ORDER TO CONFIRM THE STRONG RESISTANCE PRICE MUST CLOSE BELOW THE SECOND RETEST HIGH AND REVEAL AN INDECISION REVERSAL CANDLE RALLY BASE DROP KNOWN AS EVENING STAR PATTERN ON THE H4 TIME FRAME. FROM THERE YOU WILL HAVE YOUR ENTRY ZONE, STOPLOSS ZONE AND TARGET ZONE REVEALED CLEARLY.