chiefcapitalfx

CADJPY short setup

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OANDA:CADJPY   加元 / 日圓
cadjpy on the weekly doesn't show a lot apart form basic support and resistance but when I went down a timeframe, I saw daily trendline making lower highs and lower lows.

4hr/1hr timeframe showed me a rising wedge occurring while breaking out and making a head and shoulders pattern.



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