CADJPY(4H): DOWNTREND
Overview: Downtrend - Price broke ranging channel ABCD and we can visibly see price retesting the support of the channel with a rally off to form a possible range on a downtrend (depicted with the dotted line on the chart).
Speculation: we shall continue the short rally with a potential TP @ 125 pips and SL @ 35pips.
Speculation: we shall continue the short rally with a potential TP @ 125 pips and SL @ 35pips.
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