Hey Guys,
This is a super nice short entry on CAD/JPY .
We have a strong confluence of :
- FIB 61.8 + Resistance zone
- Breakout & Retest of Daily parallel channel .
- Strong bearish momentum
- Nice trendline confluance
- SL protected by : STD Deviation, Fib, Bearish channel .
- Overbought @ 85% - Rejection confirmed
Good luck to All !