CADJPY Look for continuation correction for the sell

24 Des 2020

Hello traders:

CADJPY has made its bearish move down and breaking out of the larger structure.

WE see price has already move down impulsively from the double tops, and now is forming a bit of consolidation.

This is a good indication that we will likely to see a correction here, and further downside momentum can happen.

I will see how this correction will form and complete and look to scale in the trade for the sell.

Thank you

4 Jan 2021

Catatan