jabariofafrica

CADJPY ____ INCOMING BEARISH MOVE

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Hello Traders,

CADJPY traded into a strong weekly order block last week but didn't sell as expected. However, it created both buy-side and sell-side liquidity. My speculation is that It hunts the buy-side liquidity first, then go for the sell-side liquidity.

This simply means that the price would run deeper into the weekly order block to gather momentum for the bearish move.

Follow for more updates.

Cheers,
Jabari

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