TradingView
VladimirRibakov
Aug 31, 2017 3:07 PM

CADJPY Sell Idea Short

Canadian Dollar/Japanese YenFXCM

Description

D1 - We are after sells as long as there is no invalidation for this bearish plan, which will be the break above last high.

H4 - There are multiple false breaks and correction is happening now.

We saw a false break of the up trend line also and price got back inside the wedge. A breakout will follow from this zone and if it goes in our direction we will be there to trade it.

In summary – here is what we are looking for: breakout, correction and we can look for sells.
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