Aqua_Trader

CADJPY - READY FOR THE BIG DROP? > WEAKNESS AT THE TOP

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Aqua_Trader Uppdaterad   
FX:CADJPY   Kanadensisk dollar/Japanska yen
We can see that according to my perspective the pair could be developing an Expanding Flat Correction. The pair is already facing weakness from the bull side at the top of channel which is why I'm considering a short position. Currently awaiting further confirmation in the form of a strong breakout before entering. A strong break above the top would invalidate this setup.

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Kommentera:
possible retest
Kommentera:
possibility for some correction first before the big move
Kommentera:
PATIENCE PATIENCE PATIENCE!
We have the confirming signals so remaining bearish biased
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