Opened a new buy position on CAD/JPY at 107.55. Monthly chart is forming a extreme bullish pattern.
View attachment 6400
Opened a new buy position on CAD/JPY at 107.55. Monthly chart is forming a extreme bullish pattern.
View attachment 6400
It's been a range market since 1995. At this stage, I'm interested to see how strong is the next pullback to decide whether I need to close the position or collecting the rollovers and wait longer for a higher price. But, I think it's very tricky at this stage and price can even drop to 97 level.Long is correct for all JPY pairs, are you collecting any swaps?