Hi Traders,
CADJPY has been showing some short term bullish price action which the previous correction developed into a Pennant structure which price broke out now developing another continuation.
Personally I will wait for a few more swing highs and swing lows to form to give the momentum for a short term rise to give us a higher probability sell in the near future.
Please support me by clicking the like button if this idea helps you. I would love to hear your view on this pair. Post a comment below.
Trade safe!
CADJPY has been showing some short term bullish price action which the previous correction developed into a Pennant structure which price broke out now developing another continuation.
Personally I will wait for a few more swing highs and swing lows to form to give the momentum for a short term rise to give us a higher probability sell in the near future.
Please support me by clicking the like button if this idea helps you. I would love to hear your view on this pair. Post a comment below.
Trade safe!
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