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GemtradesFX
May 11, 2020 10:05 AM

CADJPY SHORT Short

OANDA:CADJPY240
CAD/JPYOANDA

Description

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Nice bearish wick rejection on the daily.
Dropping down to the 4 hour we have several wick rejections of the descending trendline which lines up with the 0.618 FIB. Seeing lower highs and lower lows
Trend AnalysisTechnical IndicatorsgemtradesfxCADJPYcadjpyshort
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