cadjpy line charts viii

not much explanation needed as i feel the chart says it all. prices have formed more of a corrective structure after the breakout but for the meantime we can most likely get 1 more sell for this smaller breakout. if prices consolidate and form a continuation pattern on lower tf, we can go short to my target. if not lets just ignore it and if r/r isnt ideal then lets ignore it as well. the upside after will pay off a lot better anyway so keep your eyes peeled for a corrective structure indicating a price reversal back to bullish.

Kommentar:

seems we gapped :)