CAD/JPY Trend Continuation Trade - Short on Hourly
Updated
We can see that CAD/JPY had obvious bearish momentum
-We have approached a STRONG structure resistance and tested it multiple times with no break.
-RSI is overbought, and as we can see looking left, Overbought RSI has led to further downward movement.
Sell NOW at recent structure resistance, stop above. Target at recent support (pink box)
-We have approached a STRONG structure resistance and tested it multiple times with no break.
-RSI is overbought, and as we can see looking left, Overbought RSI has led to further downward movement.
Sell NOW at recent structure resistance, stop above. Target at recent support (pink box)
Comment
Testing Critical Support
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