CADJPY Short Setup

٢٧ ديسمبر ٢٠٢١

CADJPY

Background
1. breakdown of structure at previous zone of supply.
2. probable formation of inverted Head and shoulder
3. RSI divergence on 1 Hour time frame
4. High sell volume/ previous profit taking positions.

Short levels 89.380
Stop Loss 89.600
Take Profit 89.100