CADJPY False breakout, Look for bearish reversal

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캐나다 달러 / 일본 엔 (OANDA:CADJPY)

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OANDA:CADJPY 캐나다 달러 / 일본 엔

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Hi everyone:

Similar like AUDJPY, we are seeing similar price action here on CADJPY.

Price made a false breakout of the HTF double tops area, and quickly reverse impulse down.

This is a good indication of the market trapping buyers, and we can expect the next bearish push down from the price.

Look for any LTF corrections to get in on this bearish reversal from the top.

Thank you

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