Analysis - CADJPY - 5 November 21 - Sell
Price has been on a downtrend from the previous High
Wgy?
* Price has been forming a series of Lower Low and Lower Highs
* Before the down trend started I noticed an ascending channel
* Currently price is on 15 Minutes continuation pattern (Bear Flag) after an impulsive move done
Currently what I see is that:
* Price has not shown me any form of reversal
* Is on a LTF continuation pattern
What am I expecting
* An impulsive move doenward
Wgy?
* Price has been forming a series of Lower Low and Lower Highs
* Before the down trend started I noticed an ascending channel
* Currently price is on 15 Minutes continuation pattern (Bear Flag) after an impulsive move done
Currently what I see is that:
* Price has not shown me any form of reversal
* Is on a LTF continuation pattern
What am I expecting
* An impulsive move doenward
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