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intial0
Feb 20, 2020 3:52 AM

CAD/JPY Break Down - Clear Ascending Wedge Rejection Short

CAD/JPYOANDA

Description

(Meant to say bearish rising wedge in the chart)
The bearish rising wedge broke down but bounced up into the bottom resistance of the wedge
and hit the key resistance of the bearish falling triangle. One should assume a short play here

Use a Tight stop loss, there's potential it can break bullish
Comments
transparent-fx
here is my overall viewpoint on cadjpy at the moment
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