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Cadjpysignal

CADJPY ____ INCOMING BEARISH MOVEHello Traders, This pair has reacted from a monthly demand level and is trying to create a higher high there by hunting liquidity. As you would notice, price is a few pips away from the weekly buyside liquidity which if it is hunted, a reaction is expected. Looking left, you will notice how price dropped strongly from that level. My speculation is that price would take liquidity from there and use is as a form of retracement to the weekly order block. Follow for more updates like this. Cheers, Jabari
Short
by jabariofafrica
CADJPY ____ INCOMING BEARISH MOVEHello Guys, As I had mentioned in my previous post on USDCAD (inserted below), CADJPY which is correlated to USDCAD is also at a very important supply region (weekly order block). My speculation is that CADJPY may continue some more inducements and manipulation on its way to the top before it begins selling. If you look left, you will notice the buy-side liquidity (equal highs) that the price may just spike above before selling or creating another equal high. You should put this pair under your radar as it has more potential to deliver on the short. Follow me for more updates like this. USDCAD ANALYSIS Cheers, Jabari
Short
by jabariofafrica
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