CADJPY POTENTIAL SELL IDEA

1. DESCENDING CHANNEL ON THE DAILY
2. BREAK OF THE 4 HOUR TRENDLINE AND NOW THE RETEST
3. MARKET MADE A LOWER LOW WHICH WE NOW
EXPECTING LOWER HIGH
4. MAJOR DIVERGANCE ON THE 4 HR
5. LOOKING FOR A FIB RETRACEMENT OF THE 61.8 FROM THE
PREVIOUS HIGH
6. HARMONIC PATTERN FORMED