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CADJPY MULTIPLE CONFLUENCES TO GO SHORT

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Price made a pullback from the initial break of the upward channel.
Price is now currently sitting at resistance and failed to break below the upward channel.
The Weekly candle closed as an indecision candle implying a change of direction in the coming weeks
The indecision candle is in confluence with the 50 Fibzone.
It is highly likely that CADJPY will be falling to support in the coming weeks.
Trade aktif
Pullback for second entry

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