CADJPY - LONG BIAS( Triple Bottom Zone )-Long Watch at Fibs Zone
Updated
LONG BIAS - AS Trend Comes UP from Triple Bottom
HOWEVER always WATCH be NIMBLE - MARKET Goes the way IT wants to GO !!
1- WEEKLY S/R
2- 2 x TREND Line Since 01/2009 & 10/2007
> See TRIPLE SUPPORT Zone DAILY Chart :
3- Monitor FIBS Zone for a Pull back EITHER at 23.6% (83.355) OR 38.2% (84.925)
> H4 / H1 LONG Entry IF above PULL Back Happens !!
> TP Tgt to 50% FIB (86.193) which Coincides with WEEKLY S/R
> NORMALLY for PRUDENCE sake will take PROFIT (TP) before the Fibs 50% Value .. ie @ 86.10 !! (OR Better via Observing Price Action)
CHEERS..Stay NIMBLE.. Play SAFE !!!
HOWEVER always WATCH be NIMBLE - MARKET Goes the way IT wants to GO !!
1- WEEKLY S/R
2- 2 x TREND Line Since 01/2009 & 10/2007
> See TRIPLE SUPPORT Zone DAILY Chart :
3- Monitor FIBS Zone for a Pull back EITHER at 23.6% (83.355) OR 38.2% (84.925)
> H4 / H1 LONG Entry IF above PULL Back Happens !!
> TP Tgt to 50% FIB (86.193) which Coincides with WEEKLY S/R
> NORMALLY for PRUDENCE sake will take PROFIT (TP) before the Fibs 50% Value .. ie @ 86.10 !! (OR Better via Observing Price Action)
CHEERS..Stay NIMBLE.. Play SAFE !!!
Trade active
POSITION To Long when CROSS Signal BAR at 85.38TP @ 86.175 (B4 FIB 50% ) 79 PIPS
CHEERS !!
Note
See CHART 
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