CADJPYD-DAY PINBAR Forming Friday Y180413 -WAIT For Next WEEK

OANDA:CADJPY   Canadian Dollar / Japanese Yen
As of Last Friday Closing. Many Pairs are showing a DAILY PINBAR! ie…
CadJpy/ AUDJpy / GbpJpy / NzdJpy

BUT do look out on Monday how it will turnout!
CAUTION: Market Moves The Way It Wants To Move !

ANALYSIS: (as of last Friday closing)-Y180413
1- WEEK and Month BAR is still showing up STRONG UP
> So Technically should see TREND Continue Up to FIBS 50% and 61.8%
> Do however Observe Daily Candle Movements for TREND CHANGE !
> Monitor H4/H1 for Higher Highs / Higher Lows etc for trend movements/Changes !!

PIN BAR (IF Well formed as will know by Monday Y180416)
2. Will Then PROBABLY see a Retracement Move b4 Continuation of UpTrend !
> RETRACE back to FIBS 23.6% @ 83.355 zone, & then UPTREND . Well lets see ..IF it WORKS OUT !!

Trade active: H1 Entry !!
LOOK for LONG IF Price Breaks above 85.49
1st TP @ 86.12 ( approx 60 PIPS Profit)
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