A huge opportunity this upcoming week on the CADJPY pair. With Monday being the 4th of July, ideally avoiding the slow-moving US markets would be the best option. A textbook bearish pennant presents itself to us giving us a wonderful look in shorting this pair. Last week it broke out and now it's coming back for a retest. Hoping to see some strong rejections around that breakout zone in order to confirm our entry.
I'm probably only gonna trade this one this week. Wishing you a profitable week!