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Thread: CAD/JPY

  1. #31
    Quote Originally Posted by ;
    Still bullish: picture
    Have you been in this place or get into it? Just got into long C/J now but some reports call for it to decline to 92.77 as 61.7 percent fib retracement. 93.47 just hit as first level of the retracement. CAD is looking weak technically but fine fundamentally I feel so long can be sustained.

  2. #32
    Thanks for your question, san99.
    Unfortunately, I was stopped out on Friday. I am no longer bullish about. I am just short EURCAD.

  3. #33
    The rally stopped and reversed at 50% retracement, which coincided with 174.6% alternate price projection of this last corrective rally. Next it bounced off the downsloping channel, found some aid and is quite likely to continue trading at a range between 93.5-94.5.

  4. #34

  5. #35
    DAMN this just keeps going up and up! Just like G/J! At least A/J was buffeted by A/U bearishness. Had to close out with a drawdown that is bad !

  6. #36
    CADJPY long term.

    Looking at selling around 98.08 in the end of the coming 5 waves wave c in 4-5 days time. At the mean time monitoring it to the top.

  7. #37

  8. #38
    Canadian discovered steady support at 61.8 then 38.2 fibonachi amounts, RSI over 50 and continue to rise. If situation will acknowledged next 1-2 times likehood price will reach and then breakout highest at 101.400-450.

  9. #39
    Quote Originally Posted by ;
    CADJPY long term. image Looking at selling around 98.08 at the end of the coming 5 waves wave c at 4-5 days time. At the mean time monitoring it to the top. image
    I've got the same count. I join this thread for a little while because I am timing my short entry. I think.




  10. #40
    On the H1 chart the price is varying within a bullish station and the same time a butterfly harmonic pattern alongside a bearish divergence is in sight. We are anticipating a drop by the pair if th e station bottom is broken up under.

    http://analysis2014.blogspot.com/



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