Ripe and ready for a pullback

FX:CADJPY   Canadian Dollar / Japanese Yen
41 1 17
Looks like this one has finished with upward momentum and has had the first impulse down and consolidation. With a nice risk to reward I'm going to be in the short on this.
Comment: Break to the downside did not come as expected. However I still believe a pullback is in order. Looks like we might be breaking now.
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