Austinet24

WATCH OUT FOR TRENDLINE BREAK ON CADJPY

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
From the lower time frame of 1H the CADJPY pair has a strong bullish momentum building on the trend, seeing a bearish pin bar confirmed by a bearish candle at the major resistance price level also with the pair consolidating for a bull back at current price region, powerful reversal candlestick signals, i sense a breake of this trendline. when moving below 85.49, if this happen then the price will rally down to a price level of 82.98

Bias: PENDING ORDER TO SELL CADJPY @ 83.42 SL 83.74 TP 83.30

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