CADJPY Looking to go down !! 100pips!!

Short

Canadian Dollar / Japanese Yen (FX:CADJPY)

Updated

FX:CADJPY Canadian Dollar / Japanese Yen

trendanalysis chartpattern cad jpy bearish 100pips tradingbay downtrend

By now, if you've been paying attention to my previous analysis, you know i always prefer continuation over breakouts! I just think its safer for entries! This pair is a great example! Price just touched a multi year trend line dating back to 2015! I'm in for the SELL for sure, 83.00 could be my final target because of the new up-trend that formed since aug'19 ! A small SL as always and lets go!

What do you think? Le me know in the coments!!

Comment:

Price has broken the channel! Waiting for some pullback to enter long ! Will update soon

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