CAD/JPY BEST PLACE TO SELL FROM|SHORT

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istantanea
Hello,Friends!

We are going short on the CAD/JPY with the target of 112.379 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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Nota
We are seeing a good move already so we will keep the trade running!
Bearish PatternsCADJPYChart PatternsforecastForexSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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