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CADJPY - Wait For The Bears
Canadian Dollar / Japanese Yen
Short
CADJPY - Wait For The Bears
By TheSignalyst
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May 13
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May 13
Hello TradingView Family / Fellow Traders,
CADJPY is currently approaching a massive supply zone marked in red.
📉
For the bears to take over again
and start the next bearish impulse movement, a break below the last major low in gray is needed.
Meanwhile, CADJPY would be bullish short-term and can still trade higher.
đź“š
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Beyond Technical Analysis
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CADJPY
Chart Patterns
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Supply Zone
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TheSignalyst
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