CADJPY on a great long / bullish trend line plus broken above my other TL. Free Education & Strategies: http:///www.ForexEasy.club (Strategies, Reviews, News) www.imlfx.club (Free Webinars)
Buy CADJPY , CD Extension I will write detail tomorrow
Looking at the hourly chart we can see a probable bullish cypher formation T1 at 32.8% retracement of CD at 83.529, and T2 at the 61.80% retracement of the same at 83.926.
Oil is good and Dandy :) and this will affect CADJPY - call me crazy - I took a long position from 83.613 and I am not getting out until 84.900 just to be safe;) Enjoy!
With Japanese markets closed until Friday, it could be the end of the week before the JPY pick up again . The Loonie have so much advantage now... I took long position from 83.605 with 4 Tps. We'll see how this transpire, but am sure it will be a good, as usual :) Have fun trading!
FX:CADJPY First of all, the Yen... it's strong, caution! After a double bottom, the price forges "one close" above the neck (check 4h chart) and start a retrace, now at 61.8%... and entering oversold, searching/waiting for divergence... Stops should stay below the bottom's, it's a daily chart... Long the 2618 // Short the AB=CD & Gartley; Note that the...
CADJPY after a triple cycle down we aim 50% Fib Retracement. A bullish hidden divergence supports our plan. TP 91.50 SL 80.115