POTENTIAL SELLS HERE ON CADJPY
I see higher time frames such as the daily and the 4hr are turning bearish and respecting bearish order flow. My analysis for this trade is based on the 4 hour which is making lower highs and lower lows. After a break of the low the price has come back to the supply area and on lower time frames showing the price is ready to break down. We also have a wedge pattern that has been broken. I believe a new low is going to be printed on the 4hr but will take time to make its way down. Nice potential for a good rr trade. Can be a good swing trade or intraday.
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