TheSignalyst

CADJPY - Wait For The Bears

Short
FX:CADJPY   Dollaro canadese / Yen giapponese
Hello TradingView Family / Fellow Traders,

CADJPY is currently approaching a massive supply zone marked in red.

📉For the bears to take over again and start the next bearish impulse movement, a break below the last major low in gray is needed.

Meanwhile, CADJPY would be bullish short-term and can still trade higher.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

Trading Made Simple; and Rule-Based
www.RichTL.com

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