CADJPY At The Crossroads

FX:CADJPY   Canadian Dollar / Japanese Yen
115 6 1
If the middle red line holds (of the red Shiff fork), we may see another log down, otherwise it will probably go up to the blue median line . I chose the former, not without some wavering, based on the long-term CAD's weakness.
We arearound the pivot point of Oct 2nd now. Perhaps tomorrow the rise will begin.
ForceFollower motleifaul
This pair has been very fickle lately. Makes me feel dizzy. I am bearish again...
motleifaul ForceFollower
Yes, up to now no rise is in sight.
I am not involved yet. This is a range bound pair at moment and I will wait either for a clear signal or a touch of the border of the range. Billard.
You can also draw a horizontal line from Oct 2nd. This would confirm your pivot point.
ForceFollower motleifaul
Yes, that's right. Thanks.
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