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harisonhbn9718

CAD/JPY: short squeze to $95.14 JPY

Short
Canadian Dollar / Japanese Yen (FOREXCOM:CADJPY)  
harisonhbn9718  
FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis CADJPY Forex trendanalysisexplained bearishsetup shortsqueze bullishrisingwedge
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trendanalysis chartpattern beyondta cadjpy forex trendanalysisexplained bearishsetup shortsqueze bullishrisingwedge
Canadian Dollar/Yen Japanese find up a resistance zone in the price that may to develop a drop that will extend to the $95.14 JPY. We forming a lower low using this downtrend line in H1 timeframe

snapshot

Meanwhile, we have a nice setup that CAD/JPY forming a possible bullish rising wedge what we can to short now to $95.14 JPY and then entry to the bought zone in those level to following this model what I draw here.

I hope that this idea going to support you to short CAD/JPY in Forex market in this week.

Good luck!!!

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