CADJPY - The price tends to advance and the spread decreases

OANDA:CADJPY   Canadian Dollar / Japanese Yen
CADJPY - You see how the price is continuing to advance. You see also how the price is still rising into the trading area. The demand is still consistent. The price can approach the climactic point. This will occur making visible on the chart the increase of the strength in opposition to the rising that is already begun to be a little bit visible. The price will tend to advance and the spread will tend to decrease. This is what I want to see. Besides, the last spike up at the end of the rising will show induced demand and it will favor a Thrust. This demand cannot persist. Then, the price will bounce back. Later, it will give favorable rebounds.

Girolamo Aloe
Girolamo Aloe -
Supply Demand Wyckoff Trading Mentor.
Founder of Profiting Me -
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