CADJPY, Another short opportunity

💹 Forex Quick Check: #CADJPY

📉 Trend: Reversal

🚀 Action: SHORT @ 109.587

🎯 TP: 108.403

🔍 Insights: Hey traders. Welcome to Anna Trade Charts.
Here we had another analysis for #CADJPY.
CADJPY was in the uptrend and then it has change its direction.
We had a newly formed resistance level, which can be retested and then this will goes down up to the mentioned level.
Also we can see that CHOCH has been done for bearish trend reversal, and liquidation pool created.
Alternatively we can go for short position

📊 Time Frame: 4 HR

📌 Stay vigilant for update.