FX:CADJPY   Canadian Dollar/Japanese Yen
581 10 34
Im bearish on this pair, but looks like a short term reversal is happening. Analysis on the chart.
Comment: Looks very good to sell right now!
Very good Piet! :)
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Thanks :)
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AronBara jangseohee
wow, nice !
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Piet.Hein jangseohee
Nice, thanks for share.
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the only concerning thing here is the oil. if it keeps making new lows then idk. but it looks indeed very bullish
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Lanmar PRO AronBara
We're looking to short which would imply another leg lower for oil and equities. Bear rally higher for oil and equities would imply an impulse move higher for cadjpy - opportunity to short with better r/r.
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Piet.Hein AronBara
Yes, agree, CAD and Oil walk hand to hand. Thanks for the comment!
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Very nice. Haven't noticed the channel. Would be a beautiful short at 88.75
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Thanks. For sure, lets wait and see if price gets there ;)
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