CADJPY interesting setup - Short
Trade what we see:
Price topped out at 87.112 after being over extended on a 4 week bullish run.
Sellers entered the market but observed the 4 hr bullish trend line.
Price has now broken to the downside and we have a neck line which i am watching for a break.
Fib levels determine the TP level which sits at 81.97
Price topped out at 87.112 after being over extended on a 4 week bullish run.
Sellers entered the market but observed the 4 hr bullish trend line.
Price has now broken to the downside and we have a neck line which i am watching for a break.
Fib levels determine the TP level which sits at 81.97
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