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mngFX

CADJPY, SHORT term sell opportunity

Short
Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
mngFX  
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Multiple Time Frame Analysis Head and Shoulders Parallel Channel Technical Analysis fundamental-analysis headandhsoulders priceaction riskmangement impulseandcorrection
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mtfa headandshoulders parallelchannel technicalanalysis fundamental-analysis headandhsoulders priceaction riskmangement impulseandcorrection
Price action is failing to break above a critical area which is showing bearish movement. We can see price has approached a double top level that has been rejected and impulsively pushed downward printing a possible H&S pattern within a larger corrective structure.

Looking for a short opportunity to bottom boundary around 103.00

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