View Full Version : CAD/JPY Mouteki

10-31-2006, 01:41 PM
This pair appears to have broken to the downside this AM and is now out of its two months of which range between 103.70 and 106.40.

Seems like a fantastic example to learn the way the bottom of a bowl may break even reduced to earn a new cheapest low, in this case at 103.06.

Well, I am still very glad I took a small profit in my trade last night.

We are going to have to wait to find out where this pair stinks. My interpretation is that it might bounce as large as 103.60 prior to retesting the new low.

10-04-2021, 04:14 PM