CADJPY down after H&S neckline breakout

2022年11月24日

Comment:

CADJPY is trending down after Head and shoulders neckline breakout as well as Ichimoku trend analysis.

Ichimoku Trend Analysis (KTS):

- Kumo (Senko span A and B) down
- Tenkan sen down
- Kijun sen down
- Chiko span below candles

Next Scenario:

Need to wait for today's candle close. And once the breakout is confirmed, look for a selling edge.
Target to be 102.582, then 101.413.