MikulovicFOREX

CADJPY pennant breakout

Long
MikulovicFOREX Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Signal provided by autochartist.com

Dont forget to trail your stops (look at related idea)
Comment:
added fibonacci retracements
notes: should have booked profits at the 38% instead of gunning for the 50%
note to self: aim for first fib level that price touches

Comment:

this is how the fib lines look when we reverse them
the 127,20% extension is currently working as support and my guess is we are going to see a retracement from here with small risk of the 161,80% extension will be tested
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