ameenkahlid

CADJPY Is it time to change direction?

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Is it time to change direction?

The overall trend is positive since 16 March 2020

A negative head and shoulders pattern on the daily frame could push the price further down.
The last candle was negative and showed just how strong the bears are in dominating the market.
Objectives...
84.00 The technical objective of the model

The final goal is to touch the rising trend since March 16, 2020

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