CADJPY, double top major trend reversal.

CADJPY/1D

Hello traders, welcome back to another market breakdown.

CADJPY has been trading in a bullish trend. However, the price has been reversing as expected on the weekly time frame.
This idea is an update of my previous idea on this pair. I have mentioned that this pair might have a major trend reversal on the monthly time frame. The price has broken the trend-line now and the neckline after a double top. That's an indication of more lower prices to see.

Checkout the chart for what I'm waiting for a swing trade.

Trade safe,
Trader Leo.

Komentar:

No trigger