![[FOREX] CADJPY - 1D Timeframe Analysis - Short setup](https://socialstatic.fmpstatic.com/social/202609/4c4d0ed8ad0885a3166a95d91cc818dc55ff9199.png)
CADJPY - 1D Timeframe Analysis
Trade on lower Timeframe once the bearish indication completes
After the Distribution phase in rectangular box,
it appears a declining phase, inverted cup & handle pattern
Entry should be through Sell stop when the inverted cup and
handle neckline breaks at marked LL, R:R = 1:3
(I am currently in learning phase, manage your risk/reward
accordingly, it isn't a financial advise)
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