Ometrading

1H structure- CADJPY

Ometrading Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Pair is showing some indecision to follow that new 1 hour impulse. Maybe we will have some correction to the bottom of channel(83,10 aprox). Then, if price don't break that channel, probably a new impulse till top of channel will appear. Then, a 61,8 fibonacci retracement would be completed, and a new possible bearish scenario will emerge.
Comment:
61,8 fibonacci retracement has been reached. Waiting for a break of the channel to go short

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