As you may see on the chart that 2 harmonic patterns with reciprocal AB=CD have been completed at the same area.
This is also a strong rally/base/rally demand zone with 4h & 1h bullish engulfings.
Good luck all.
I think bulls are getting exhausted now and time for some downtrend.
You can see my reasons at the chart. 4h MA200 also there and I think it will resist too.
I'm gonna short it if the uptrend line is gonna broken at 15m time frame or if I see a nice candlestick pattern as a signal.
Good luck all...
98.xx is a good support for DXY so we can see a strong USD next week after a big fall.
Green box is my sweet zone for a potential return but a movement up to blue line is not a big surprise for me.
Red zone is a good supply zone.
Bearish bat / bearish wolfe / ab=cd / fib. 0,618 ret. are all inside the green box.
We must watch DXY and price...
82.xxx is a key level for CADJPY. Both horizontal and downtrend resistance are here.
You can see a Libra and Cpher with a negative RSI divergence on daily.
I'm gonna stop it manually if a daily candle close above resistances.