CADJPY - Support to hold at this RTP-2 Pattern?

19 Mar 2018

This RTP-2 XABCD Pattern came on my radar and support is the only questionable thing about this pattern. There is another level of support here at 75.00 so I'm looking at both this area and the one below it. Some divide the position between the two but we'll track this one and see if it goes down to the lower support or bounces here. USDJPY

20 Mar 2018

Not

Reducing my risk exposure.

21 Mar 2018

Not

Oil news is certainly helping and fomc

26 Mar 2018

Not

Hanging on but reducing risk totally now on the trade. Any further lows and I don't think we'll see support hold.

27 Mar 2018

Not

Would be a great sign to see some new high's here - could be the break we need.

30 Mar 2018

Not

Still looking like it's working the way it should be. Good to be risk free, now it's up to the market gods.