CADJPY SHORT BIAS CONFLUENCE WITH OIL
1. Oil is on a downward trend and has retested a broken channel and now is with a heavy short bias, thus CAD should weaken as well.
2. Price broke out of structure with a clean close on the 4hrly.
3. Wait for retest of the structure and short.
4. Daily Chart shows a number of pin bars with short bias.
2. Price broke out of structure with a clean close on the 4hrly.
3. Wait for retest of the structure and short.
4. Daily Chart shows a number of pin bars with short bias.