CAD/JPY |
Type: Currency | Group: Minor | Base: Canadian Dollar | Second: Japanese Yen
CADJPY Market Sentiment: Bearish (≈ 60%)
Our Bias: Bearish
(But temporarily BULLISH to the area where the arrow is pointing to in the image above)
Reason: Weekly Overbought Condition supported by a heavy breakdown in price with series of bearish patterns formed across lower timeframes.
Writer: Nature
Editor (s): Nature & Awe Olufunso
Publisher: Awe Olufunso
No comments:
Post a Comment
Disclaimer
Comments expressed here do not reflect the opinions of aweolufunso.blogspot.com or any employee thereof.
This blog is a true account of the trading results of the Author but does not in any way imply that the results will be similar for the average reader. Seek advice from an independent certified financial adviser and DO YOUR OWN RESEARCH!