CADJPY: Sell the pull back for SHORT continuation

2019-12-07 11:16:59

The week starts with a bearish move that remove all the gain from the week before. But price rebounded strongly. On Thu, we see a reverse hammer that show rejection of 3 weeks high. That's the first sign of trouble for the bull. Fri close to the low is an indication that the bear has regain control. The highlighted area is where I will be looking to join the SHORT.

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Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability, including without limitation, to any loss of profit, which may arise directly or indirectly from use of or reliance on such information.