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Bruce1_1Wayne

CADJPY - Potential Short Position

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Bruce1_1Wayne  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis CADJPY downtrend multitimeframeanalysis Fibonacci Retracement emabounce
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trendanalysis cadjpy downtrend multitimeframeanalysis fibonacciretracement emabounce
Please give me some feedback and let me know what you think.

Multi time frame Analysis

1D time frame price is in a strong Downtrend giving a Short Bias
1H time frame price have retraced back to Fib Zone and bouncing off 50EMA and RSI is less than 50% signaling weakness
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