CADJPY - After Fibonacci Level 78.6% - Falling Down

Hi Traders!
The market is in an uptrend.

In relation to the First Move, the market is now at 78.6% back again.
This is a Fibonacci Level.

You can see that the last few candles are shooting up with momentum.
It is a fact, that if the market moves into a resistance with high price action, it'll then move down.

In addition, the RSI is extremly overbought.

The last information you can get in the info-panel at the bottom right.

We recommend to sell the market after a confirmation because of the high bullish momentum.

Thanks and good luck :)!