Canadian Dollar / Japanese Yen
Short
Updated

CAD/JPY: Still think it will go down...

127
Indicators flat, BB squeeze..., breakout to come..., up or down??

OIL might have topped so I still think CAD could also go down...

A clean break of the trendline will get me short again...

If the trendline holds then we might go back up towards 87.50 - 88.00, I will use a break above the MA(100) to look for longs...
Note
Short confirmed, AB=CD is first down target
Trade active
Long order triggered from 76.30... Small position because of 'Brexit' precautions...
I will add long if it retests the PRZ and we have smaller TF divergence or other signs of reversal...
I'm keeping a tight SL and will look at targets next week...
snapshot
Note
Here they are already, standard for a bat:
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.