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Roker1

Short opportunity on CADJPY

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Roker1  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Support and Resistance Candlestick Analysis CADJPY cadjpyshort cadjpysell structure Forex trend rsi_divergence Engulfing Candle
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trendanalysis supportandresistance candlestick cadjpy cadjpyshort cadjpysell structure forex trend rsi_divergence engulfingcandle
Hi guys,

on CADJPY we're facing a good level of structure on the daily timeframe: in that zone we can see we've an RSI divergence pointing in the short direction, together with a small 1hr double top and a 4hr engulfing candle. Short with stops above the highs and targets as shown.

If you have any question/idea, feel free to comment below.
Otherwise, see you in the next chart!
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