CAD/JPY: short squeze to $95.14 JPY
Canadian Dollar/Yen Japanese find up a resistance zone in the price that may to develop a drop that will extend to the $95.14 JPY. We forming a lower low using this downtrend line in H1 timeframe
Meanwhile, we have a nice setup that CAD/JPY forming a possible bullish rising wedge what we can to short now to $95.14 JPY and then entry to the bought zone in those level to following this model what I draw here.
I hope that this idea going to support you to short CAD/JPY in Forex market in this week.
Good luck!!!
Meanwhile, we have a nice setup that CAD/JPY forming a possible bullish rising wedge what we can to short now to $95.14 JPY and then entry to the bought zone in those level to following this model what I draw here.
I hope that this idea going to support you to short CAD/JPY in Forex market in this week.
Good luck!!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.