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VladimirRibakov
Jun 29, 2022 11:46 AM

CADJPY Short Term Bearish Idea Short

CAD/JPYOANDA

Description

D1 - Bearish divergence.

Currently it looks like a potential double wave correction is happening.

H4 - Bearish divergence.

Until the strong resistance zone holds my short term view remains bearish here.

A valid breakout below the most recent uptrend line would be the validation for this short term bearish view.
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