CADJPY short
CadJpy correction could be done and it might be time to lookout for bearish confirmations.
The pair has been correcting the drop from 2 days ago, and we some a rejection around 61.8% yesterday. If today's daily candle closes below 50%, we might get more downside movements.
For now, I'm placing this trade based on the MAs, with stop loss above the 200 hr EMA
The pair has been correcting the drop from 2 days ago, and we some a rejection around 61.8% yesterday. If today's daily candle closes below 50%, we might get more downside movements.
For now, I'm placing this trade based on the MAs, with stop loss above the 200 hr EMA
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