DAVID_GIRALDO

cadjpy line charts viii

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
3
not much explanation needed as i feel the chart says it all. prices have formed more of a corrective structure after the breakout but for the meantime we can most likely get 1 more sell for this smaller breakout. if prices consolidate and form a continuation pattern on lower tf, we can go short to my target. if not lets just ignore it and if r/r isnt ideal then lets ignore it as well. the upside after will pay off a lot better anyway so keep your eyes peeled for a corrective structure indicating a price reversal back to bullish.
Comment:
seems we gapped :)

David K Giraldo
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.