Potential short on CADJPY. Market profile, Volume, Price action.
Dont take short now they will go up again. Before propper short
Nice bull acumulation and pin bar on Daily with high volume could mean up move to 112. JPY is bull in longterm but now will be corection move to 112.
Nice pin bar with strong bull volume on strong level. I expect them to drop to 1.15
JPY is in correction now. I expect it to continue strnghtening especialy against NZD
Strong sell of from the top and possible continuation of the downtrend
Potential reenter to short positions after begining of downtrend. CAD is strongly weakening and JPY strengtening. Volume is supporting this analysis.
I see stoping volume on the tops which tells me bulls are closing positions. COT reports says comercialas are shorting AUD. So it shoud drop
I expect EUR to drop to 1.150
JPY is strenghtening, will wait for correction to re enter again.