CADJPY - Price had a nice doji candle formation on the weekly descending trendline on the weekly timeframe. Since this formaition price is showing bearish structure.
On the daily timeframe we had a nice impulsive push to the downside and since then we are reliefing. If price is to make short-term lower-lows we can expect price to move another leg to the downside as directed.
Trade safe
Sunny Kumar
On the daily timeframe we had a nice impulsive push to the downside and since then we are reliefing. If price is to make short-term lower-lows we can expect price to move another leg to the downside as directed.
Trade safe
Sunny Kumar