CADJPY

52
Price is trading decisively below the Kumo Cloud and Kijun-Sen, confirming strong bearish momentum. The Chikou Span (Lagging Span) has broken below past price action and remains significantly distanced from the current candlesticks, signaling a sustained downtrend. Williams %R has just triggered a sell entry, aligning perfectly with the existing bearish structure, while Money Flow Index (MFI) remains negative, confirming institutional selling pressure. With all confluences in place, this setup presents a high-probability short opportunity, favoring continued downside as long as price remains below key resistance levels. 🚀📉

Penafian

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