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CADJPY Forecast January 16-20

FX:CADJPY   加元/日元
24 0 2
Bias has turned down and minimum pullback looks complete, Look for supports to be broken, wait for a pullback to short and TP at next support.

This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look my my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
评论: Tuesday

Keep shorting at pullbacks, still a long way down to go.

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评论: Wednesday

Keep shorting at pullbacks.

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评论: Thursday

Trend is still down but it may be bottoming, wait for a break of resistance to go long, else if support breaks we are still in a downtrend.

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评论: Friday

No clear directional bias.

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