devicemxl
Long

CADJPY: an idea for the quarter

FX_IDC:CADJPY   Canadian Dollar/Japanese Yen
Idea:
The pair is apparently involved in a rising wedge .

Looking at the RSI is a "step" increase and a trend that seems to overflow near December; Taking Fibonacci levels, a zig-zag line ( elliot for purists) and this combined apparently coincides with a wedge pattern fits:
---------------------------------------
CHF seasonal trend
CAD seasonal trend
---------------------------------------
this quarter apparently these pairs enter into a seasonal period, where the increases in indices of each other are synchronized.

To break the wedge in the second week of December

Ideas, comments and suggestions:
They are always welcome


annexed:
Comment: meaby Bump and Run Reversal.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out