Siya_Ngema

BEGINNING OF CORRECTIVE STRUCTURE?

Short
Siya_Ngema Updated   
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Hi guys, we have a nice sell setup on CJ and it might breakout. It might continue pushing up a bit but with CAD news coming i'm expecting a break to the downside making a correction for a continuation to the upside because we have broken out of the daily corrective structure and im still expecting to see more upside but for now selling isnt a bad idea. Long term view is still upside,we're just making a deeper correction.

Thanks and trade with care.
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