Wave-Trader

CADJPY Expecting trend continuation

Short
Wave-Trader Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
62
I am expecting short on this pair. Price already has broken trend reversal rising wedge and running well below that. If price retest its broken place on lower time frame and price come close to trend line and forms a trend continuation pattern on lower time frame like 4hr then look for sell on breakout or early entry based on your indicator.
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Here we got the trend continuation pattern. If you are not in from the top of this trend continuation pattern then look for sell if price come close to upper channel line again.

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watching this pair closely.
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Fall was very sharp still look for sell. I will update the setup very soon.
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