simontien
Short

Harmonics could help

FX:CADJPY   Canadian Dollar/Japanese Yen
In this strong downtrend a broken structure to the downside became a resitence. Price is retesting this area which is also a Fib retracement level. Think this is a nice opportunity to sell and ride the move. As target 2 the use of harmonics (dashed red segment) could help to figure out where price should take a breath.
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