CADJPY H4 SHORT PRICE ACTION FORECAST

Price is trading at the resistance line from the hornet formation and currently forming an H&S where the right shoulder is still under configuration.

Once the right shoulder is done, it can confirm downward movement into the pair. Short play can be taken only after the break of the neck's pattern and retest of the level for confirmation.

The order:
Type: sell-limit
S/L: 35 pips - R:R | 1:2.7 -
T/P: supply zone