Institutional Supply: CAD/JPY Short
Happy monday!
I'm sharing two charts with you today, both are on my main watch list for the upcoming 24hours if the 4hour shapes up nicely and confirms this higher time-frame bias. As you know from my channel, the style of trading is always the same and I love the consistent approach.
Let's dig into CAD/JPY which has been pretty bullish and in general the JPY is very weak, yet we are currently in a key area where we might roll-over due to the fact that we're in a key area of supply!
So what's next? If the 4hour shapes up nicely today, I will be watching for short plays!
I'm sharing two charts with you today, both are on my main watch list for the upcoming 24hours if the 4hour shapes up nicely and confirms this higher time-frame bias. As you know from my channel, the style of trading is always the same and I love the consistent approach.
Let's dig into CAD/JPY which has been pretty bullish and in general the JPY is very weak, yet we are currently in a key area where we might roll-over due to the fact that we're in a key area of supply!
So what's next? If the 4hour shapes up nicely today, I will be watching for short plays!