Shingi_Lesetedi

CADJPY Sell on Break of Multi-Structure

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Price has completed a five wave move to the upside and we are looking for early reversal price action. We already have RSI divergence present on the last two highs, a long term resistance trendline and a rising wedge pattern yet to be broken. Entries could be taken on the immediate break or wait for a pullback for more conservative entries.

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