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Emekadavid
May 14, 2020 1:48 PM

Possible short opportunity on CADJPY imminent Short

Canadian Dollar/Japanese YenFXCM

Description

A possible break of the support along with a shorting opportunity is imminent in the CADJPY pair as shown in the chart above. Price has formed a symmetric triangle after coming from a downtrend, so the downtrend is possibly going to resume after a short retest of the structure.
Short opportunity but do due risk and money management.
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