Refer to daily chart I posted. Cad/Jpy can continue an uptrend. I'm still holding the buy currently from much lower down. But it seems to be in an "X" or "B" wave position and has been going up looking very corrective. My point is this: If it was to come down from this area, we could be getting a further corrective swing pattern which would be coming back down to low in a flat pattern. I would just see what it looks like next week.
Note
After looking things over a bit more. I feel it to be more likely that Cad/Jpy makes a running flat here. I don't anticipate a break of the low, I think the buy will be more beneficial. So be careful with any sell.Note
I explained CJ on my live stream earlier dated today. Link on my status, or below
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.