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mngFX

CADJPY 2H, Bulls exhausted. Time to Sell.

Short
Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
mngFX  
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Multiple Time Frame Analysis Chart Patterns Fundamental Analysis impulse correction bearishcontinuation CADJPY
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mtfa chartpattern fundamental impulse correction bearishcontinuation cadjpy
CADJPY had a strong push upwards recently yet started moving correctively which is failing to push any higher.

As we know this is indicating a reversal is shaping up, which looking at the lower time frames, price broke out of the reversal structure currently developing a bearish continuation.

Look for a sell entry that fits your trading plan.

Thanks
Trade Safe

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