CADJPY is reaching resistance - this is where the sellers were.
It has acheived an ABCD pattern (green).
At the moment the price action is still too bullish but it's time to keep an eye on it.....
It has acheived an ABCD pattern (green).
At the moment the price action is still too bullish but it's time to keep an eye on it.....
Comment:
Here it is on the daily...
Comment:
We have some selling.
The blue line is the breakout.
We could look at going short on the retest of this breakout.
Remember we are now on the 4hr chart...
The blue line is the breakout.
We could look at going short on the retest of this breakout.
Remember we are now on the 4hr chart...
Comment:
The Daily...
Comment:
Our first attempt...
Trade active:
Our target is fast approaching. This has been a great trade.
Keep an eye on this...
Keep an eye on this...
Trade closed: target reached:
SUCCESS!!!!