CAD-JPY Solid Bearish Bias! Sell!
CAD-JPY is trading in a downtrend
And now we are finally seeing a bearish reaction
From the falling resistance level
And a beginning of the breakout from the rising
Narrowing wedge which is a bearish pattern
The totality of these factors
Is overwhelmingly pointing towards a coming move down
With the first target being nearby
While a trailing stop would be most appropriate
As the pair might fall much lower
Sell!
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