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CADJPY Logical Short

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Dólar Canadense/Iene Japonês (FOREXCOM:CADJPY)  
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FOREXCOM:CADJPY   Dólar Canadense/Iene Japonês
Fundamental Analysis Trend Analysis Beyond Technical Analysis smartmoney smartmoneyconcept smartmoneytrading wyckoff wyckoffmethod
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fundamental trendanalysis beyondta smartmoney smartmoneyconcept smartmoneytrading wyckoff wyckoffmethod
Price has been moving in a channel, it has broken out of it and made its lower lows, retested the channel and dropped to make another low.

I see it coming to premium price of demand zone/resistance. Strategy is based on smart money with wyckoff, however other methods are also used for confluence.

Fibs are drawn with RR instead of levels. May hold if price creates a lower high and creates liquidity of stops or breaks the low.

Publishing this before the CAD news in about four hours time.
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