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D_Market_Outlook

CADJPY FINALLY BREAKING DOWN OUT OF WEEKLY BEAR FLAG.

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
D_Market_Outlook Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis CAD CADJPY cadjpyshort cadjpylong cadjpyanalysis cadjpytrade cadjpysell
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trendanalysis chartpattern beyondta cad cadjpy cadjpyshort cadjpylong cadjpyanalysis cadjpytrade cadjpysell
1. Price action has broken out of bear flag (with strong volume) and retested previous support.
2. After which Price action broke down again at the 0.618 fibs and broke out of the weekly bear flag and is retesting the weekly bear flag trend line again.
3. Clear short and good probability trade, will be looking to add on size on this one.
Comment:
snapshot

watch for more confirmation on breaking down of bear flag.
Trade closed: stop reached:
reassess for short. Rejection from structure
Comment:
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