CADJPY just starting a new up cycle while at the same time rejecting the uptrend trendline for multiple times. Target is 101.7 area that is 261.8% Fibs level as per chart.
Comments
IvanLabrie
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Looks like it'll continue higher.
CryptoPAMM
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Thanks for sharing Ivan, glad we are on the same side :)
CherryLava
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Looks like it's forming a little symmetrical triangle as of the moment. It's getting ready to break out....
IvanLabrie
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It was a triangle indeed, broke out, now a corrective decline?
The Nikkei correlation is interesting here, I had this chart:
CryptoPAMM
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Its must be a correction with a good entry point for long trade, could be a strong trend up for the next couple of weeks, I am very bullish