FX:CADJPY   Canadian Dollar / Japanese Yen
342 9 13
CADJPY             is on an important level at the moment. At that level we have this: Resistance level , the daily 200 MA, the top of a down channel and the 61,8 fib of the last down leg. in the chart you see how to play it :)
Comment: This is how you can play this if you are not in already. Go down to 15 min TF and look if it gives you this:

Comment: Still no clear direction, give this one some time, no rush! :)

Comment: Now we talking!! I got stopped out on the news spike :) I'll be waiting for the retest.
Hope you guys did catch that.

Comment: As fat as the channel holding, keep shorting this one :)

also stopped out
+1 Reply
@Bug, Hard luck buddy :) We wait for another chance, BOJ news tonight :)
Reply
Totally agree, thank you !
Reply
Abozahra jurgita83
@jurgita83, Cool! Look out for the CAD news and the crude inventory tho :)
Reply
Woohoo.. watching this same area as well :)



+1 Reply
Abozahra trungle83
@trungle83, Nice! we have some CAD news today and crude inventory so keep an eye on that too ;)
+1 Reply
trungle83 Abozahra
@Abozahra, Thank you sir!
Reply
trungle83 Abozahra
@Abozahra, I was thinking H&S

But I will be ready for your view as well!
Thanks Pierre
+1 Reply
Abozahra trungle83
@trungle83, Yes that's about the same :)
Reply
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