After a pullback to test the descending 60 days ema, we might expect a decrease of CanadianDollar/Japanese Yen Spot
) in the short term.
Yesterday ended with a pseudo upthrust
candle), which, according to the Volume Spead Analysis
, represents a possible reversal setup.
Another bearish setup is provided by the decrease of the volumes
in the days before the shooting star (pseudo upthrust).
We can probably expect a short period retracement, but remember: this is not a trade solicitation and, if you decide to trade, you do it at your own responsibility