This pair likes , triangles and . Until now all were .
After a monthly and weekly chart analisis i expect a dramatic drop fall for this pair.
I think this is a good moment for this, then i close all positions and change my bias to short.
Chartism is very powerfull, when i see this kind of formation it usually means a dramatic fall.
There are 3 posible targets and the R/R ratio is good now.
Looking at last 3 candles are .
The related pair CADJPY is allready in its way down.
The market always moves from divergence to convergence, this one is very strong and lasted long time.
Lets see what the market will do next days, for me im already