FX:CADJPY   Canadian Dollar / Japanese Yen
We have price on the daily forming a lower low and a lower high, price comes back up to form a double top , and again makes a move to the downside, looking for further downside movement.

Confluences
Double top
Break of trend line
Daily lower low
Break of daily and 4 hourly 50ma

Awaiting 4 hour close
Comment: still not active trade, waiting for price to break support at 79.474

Comments

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