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mlwinter
24. Jul. 2016 13:07

TWO SCENARIOS FOR CADJPY 

Canadian Dollar/Japanese YenFXCM

Beschreibung

For shorts: Clear break and few candle closes below 79.609 will push it even lower to target 76.741

For longs: Rejection at 79.609 and 78.932 would signal a good entry for longs. ABCD completes at 85.230

Kommentar

We are at yellow box now. Look for price actions. Longs need hammer/ engulfing candle, shorts need a full red break down of 50% and preferably some candle close below 61.8%
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