DislikedHi All,
With the market trending heavily in one direction today I have looked across all 20 pairs available to me through Dukascopy and the CAD/JPY is probably the most interesting pair at the moment on the longer time frames.
Attached are 3 images of the 1hr, 4hr and daily that highlight the symmetry of resistance currently being confronted by the price action.
The fact that all 3 TFs show a key resistance point implies that not only is this a strong (important) resistance level but that the coming few hours may define the trend for the...Ignored
Hi Everyone,
Hope you too got in on this trade.
I am now trailing the kumo base on the 4 hour chart with a further 10 pip buffer to cover over night spread blow outs.
Good luck if you are in this one.
Cheers.
4x.