CAD/JPY Trade Idea
Hello and welcome to my Trade Idea of the currency pair CAD/JPY.
Lets start with the Top Down Analysis.
Monthly: The last monthy candle is very huge bearish and the trend is in a downtrend too.
Weekly: Weekly is bearish.
Daily: On the daily timeframe we see a pullback to the upside.
H4: Here we draw the counter trendline and wait for a confirmed breakout.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: The last monthy candle is very huge bearish and the trend is in a downtrend too.
Weekly: Weekly is bearish.
Daily: On the daily timeframe we see a pullback to the upside.
H4: Here we draw the counter trendline and wait for a confirmed breakout.
Have a nice day.
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