CADJPY - Possible short setup.

- Bearish Cypher.
- Divergence on 1H.
- Pivot on 78.6 fib extention.
- On the bigger picture one more move down for a Z is missing.


Lots of confluences, if it goes or not still I take trades like these no matter what, also its possible to manage this trade to the Z wave which would give us lots of pips ;))

Have a great week guys!

Trade active:

If it shows strong up side, consider taking this trade off.

Comment:

Hey, guys! If you are in follow price action carefully!

Trade closed: target reached