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CADJPY Look for continuation correction for the sell
Canadian Dollar / Japanese Yen
Short
CADJPY Look for continuation correction for the sell
By jojofang0901
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Updated
Jan 4, 2021
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Dec 24, 2020
Hello traders:
CADJPY has made its bearish move down and breaking out of the larger structure.
WE see price has already move down impulsively from the double tops, and now is forming a bit of consolidation.
This is a good indication that we will likely to see a correction here, and further downside momentum can happen.
I will see how this correction will form and complete and look to scale in the trade for the sell.
Thank you
Jan 4, 2021
Comment
Chart Patterns
correction
Flag
Head and Shoulders
impulse
Parallel Channel
pattern
priceaction
structure
jojofang0901
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