I have been back and forth on this thing a little bit, but it is consolidating on 15 min right now to possibly break out. I was just thinking, the fact that it broke the trend line
doing a flat, it actually checks out to have possibly corrected a leading diagonal
and it did trap sellers before it broke out of consolidation. There is potential for it to go up possibly a lot, so basically if you entered now, it has to go from here. I'm seeing a possible retrace on AN and if that is the case this would have more upside than EA
. I wouldn't want to hold it if it breaks the low at this point. And to those of you who watched my weekly update last night I got out of all my yen pairs except for UJ and will look to enter those by buy stop orders, awaiting further confirmation. ( CJ
, AJ) for example.