kstaffie1

Major Short Divergence!!!

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
I Expect to see a spike up to the 83.7 mark and then a drastic drop down to the 82.5 Region.

If we look at the daily chart we will see that the RSI is sitting in the over bought region and due to previous encounters at this region we have seen major drops

Another thing to take note of is the bearish divergence that has formed on the H4 Chart
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