THOMPSON_FOREX

CADJPY market maker sell model update

Long
FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
The market maker sell model did not complete by clearing the original consolidation but instead was used to trade from premium into discount and reversed from a discount PD array which was the 1 hour fair value gap. Price continued trading in line with the higher timeframe order flow which was bullish which is why the model did not necessarily need to complete but did however offer two opportunities to sell short on monday and tuesday to form the low of the week.
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