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AlkalineFX
Jun 25, 2022 1:40 PM

CADJPY: Sellers Ready 🔄 Short

Canadian Dollar/Japanese YenFXCM

Description

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Could we really begin to see some sell pressure on the XXXJPY after a huge bullish cycle? Price action suggests it.

A strong sell breakout presented and lured FOMO sellers into the market.

Now they have been wiped out, we can consider joining sells with the big boys.

I will observe if price continues to react to these minor supply zoners at market open.

If everything ticks my boxes, I will enter shorts with the team.
Comments
Vibranium_Capital
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looks nice
AlkalineFX
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@Vibranium_Capital, Reversal soon
yonsfx
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Thanks alkaline
AlkalineFX
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@yonsfx, It could work!
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