CADJPY is clearly in uanptrend on the daily, and also in the corrective phase if price refuses to break and close below the market out level more likely to keep pushing up and continue bulls
personally looking for a sell which validates the trend taking place, if price refuses to break above 137.183 before the open of the londn session price will ultimately have generated enough momentum to fall to around 136.621
Beautiful parallel channel,I think price has to get to the take one last draw at the upper line of the trend before entering bearish everything points up until market tells me otherwise, looking for buys on GBPJPY
If you are familiar with my trading you'll know i only trade one of two things either trend continuation or tend reversal in this case xauusd has held its width within this trend contination range for a while now making HL'S & LL'S..standing on the key level it is at now price is looking to break and create new HH's indicating price reversal even though but that...
So far our technical analysis, with supporting confluences all point to a bear movement , but we haven't gotten the final piece of the puzzle with is break of our overall structural low in cohesion with price action and we are looking at over a 100 pips to the downside
as speculations of a third world war continue to speculate we hope to capitalize potential move to the upside but if price breaks and closes below 1909.72 potential move to 1901.84 apply stit risk managment
