We have a nice interesting development in CAD/JPY. The PA is considered fairly bearish. It has a complete Bear body with awesome looking Pin/wick/shadow.
The likely hood of going down is higher than ever now. I am standing with BEAR now, it has fine potential of getting up to 300 pips or more.
Trade Safe, s0nic
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
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slowly unfolding as per plan.. More to come.
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It is still on track but it takes a breaking a breather as there is no fresh force to push the market down. I am still bear as long as it is below 90.5x regions.