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Brotec02

CAD_JPY: Possible Short Trade Set-up Idea?

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Brotec02  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis CADJPY CAD jpy
2
1
trendanalysis chartpattern waveanalysis cadjpy cad jpy
Based on my analysis on the pairs, there is a strong possibility that loonie is on the dip.
Its very clear that the structure formed a double-top with strong resistance on top.
If my analysis is correct, the structure is forming wave #2 of the 5 wave structure.
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