Today we have a bullish rectangle or what they calle channel.
Expecting should be as follow now if 133.300 become support make move downside expecting halve day fall .
Otherwise if it fail it will retest previous resistance then down as correction.mean while concentrate with 133.700 and 133.300
Chart patterns condition we have divergent and rising wadge expecting a down fall for a day traders only.
Using 4r chart we expect correction of Elliott wave Incase of double top cleaner long down trend. Stop gambling.
Chart patterns always filters fundamental analysis.
Take care on respond to them Friday CADJPY was neutral today analysis for Monday EURJPY charts pattern for daily trade in 15M analysis downtrend confirm after daily chart correction.
Take care on such patterns
Using patterns I very nice but never use it alone use divergent and other confirmation you are comfortable with in your trafe
