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lodrickthomas

CADJPY Daily Timeframe (Bearish Case)

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
lodrickthomas  
FX:CADJPY   Canadian Dollar / Japanese Yen
Support and Resistance Supply and Demand Trend Lines CADJPY cadjpyanalysis cadjpysell cadjpytrade cadjpyshort cadjpyidea cadjpytradingsetup
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supportandresistance supplyanddemand trendline cadjpy cadjpyanalysis cadjpysell cadjpytrade cadjpyshort cadjpyidea cadjpytradingsetup
A few days ago I shared CADJPY analysis indicating a bearish pattern on H4!

Today I want to share the same analysis on the Daily timeframe!

Price is approaching to daily trendline resistance zone!

At the same time price approaching a key supply zone!

Failure to break above the zone will be an indication that bears are about to take over!
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