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CADJPY - You should be alert on this one.

We had the largest volume down wave since 2018, this could result in a Wyckoff Up-Thrust on Daily. Now is sitting on Fib and there is quite a lot of volume there (visible on PVR) so we could start going back up again. Therefore the details will be visible on lower timeframes H1 or H4. My bias is Short.





This is the H4, the downtrend started with a False Break -PFS- and then full of short signals



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