Now
cad down
jpy upward
this motion is countertrending
the market visit other zigzag
jpy king
cad poor
someone think short cadjpy????
Now
cad down
jpy upward
this motion is countertrending
the market visit other zigzag
jpy king
cad poor
someone think short cadjpy????
see more detail daily chart of cadjpy
mimimum price (max take profit amount )=85.60
see more detail, I think perhaps I alter my very first take profit to 88.50 level and re-entry brief 90,10- 90,50 level (fibo 23.6% - 38.2% range)
Last chart H1 detailed.
I think 87.60 can careful level of take profit because cadjpy because remember we're short on COUNTERTREND (the trend is UP)
http://www.elitetrader.com/vb/images/smilies/eek.gif
fibo trendlines of resistence to brief
modify my take profit to prudent level = 88.70
is significant level because have tough resistence level here.
I believe here is the end of first down motion
appear large chart weekly TF
¡happy pipping!
goal