Canadian Dollar / Japanese Yen
Short
Updated

CADJPY Look for continuation correction for the sell


Hello traders:

CADJPY has made its bearish move down and breaking out of the larger structure.

WE see price has already move down impulsively from the double tops, and now is forming a bit of consolidation.

This is a good indication that we will likely to see a correction here, and further downside momentum can happen.

I will see how this correction will form and complete and look to scale in the trade for the sell.

Thank you
Note
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.