Hello traders:

CADJPY is looking very nice for some short term bearish continuation sell.

We can see on the mid time frame, price has created a double tops, with a bearish reversal ascending channel correction.

Indeed price has impulse down from the correction, and now on the lower time frame, is consolidating.

This is a good sign we can see more downside move from the price. Wait for bearish correction to confirm the sell.

Thank you
Chart PatternscorrectionFlagimpulseParallel Channelpatternpriceactionstructure
jojofang0901

Disclaimer