Cadjpysetup
CADJPYThe 3TAP theory might show its glory here. I find it interesting that there have been so much cash build up, seen in the volume. I'm curious about this one. Seeing that CAD is not doing well on many pairs, it might be a good short with a tight stop-loss. I would wait and let it confirm a short. It needs to pass EMA10. It's a good rule of thumb to never trade on the wrong side of the EMA10.
CADJPY @ 1h @ best cross-rate of all 21 majors (1st week `17)Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
21 Major Cross-Rates (of this 1st Week 2017) statistical data @ my GOOGLE Drive
drive.google.com
Best regards
Aaron
CADJPY: RSI divergence + MACD + Falling wedge pattern = LONG Look for buy on first impulse , its a very good risk-reward setup. Linked below is my USDJPY and XAUUSD setups, both of them are in good profit, you can still enter based on your strategy.
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