CADJPY should be ending it's yearly corrective rally soon Short

Canadian Dollar/Japanese YenFXCM

Description

⋅ Jun 20, 2015 2:59 AM

Analysis on chart, need more price action to confirm one scenario or the other

Comments

IvanLabrie

⋅ Jun 20, 2015 3:02 AM

Plot the Nikkei next to it, it'll steer you towards the green count.

Nick_C_

⋅ Jun 20, 2015 3:05 AM

Yea, definitely looks like it has a bit higher to go when looking at that perspective.

IvanLabrie

⋅ Jun 20, 2015 3:06 AM

IvanLabrie

⋅ Jun 20, 2015 3:06 AM

All peaks and throughs match, despite the slightly different count.

IvanLabrie

⋅ Jun 20, 2015 3:07 AM

I like the declining ATR as we move up, it might form a terminal very soon.

Nick_C_

⋅ Jun 20, 2015 3:49 AM

Is that your jet in your avi???

IvanLabrie

⋅ Jun 20, 2015 6:32 AM

Dam right son. ;)