KlejdiCuni

CADJPY | Shor-Term Trade - Very Risky SELL

Short
KlejdiCuni Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY | Shor-Term Trade - Very Risky SELL

Price is showing the possibility for a short-term bearish wave.

it seems that CADJPY may create a movement down in order to develop the structure more
before the next clear wave.

The market is focused only on the US so far and nothing it moving in a clear way.

It is a risky sell because JPY was very weak for a long period of time and the US Debt ceiling talks
are not doing things better.


Thank you and Good Luck!
Comment:
CADJPY-> price moved down 35 pips after the expected correction that happened.
I hope you sold from the top. it can move down even more but don't forget that it was a short-term trading scenario

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