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TheRavensForex

CADJPY Sell - high volume bearish candle, pre-London setup

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
TheRavensForex Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis
8
2
trendanalysis chartpattern waveanalysis
The JPY pairs have demonstrated strong bearish momentum, with high volume rejection of the previous high. Once the major trendline is broken and a lower low is formed, it will provide a favorable entry opportunity today.
*We will not enter this trade unless a lower low 15m candle is identified.
Trade closed manually:
The trade didn't activate.
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