Note

CADJPY-Looking for a drop but from here or above 92?

· Views 381

#OPINIONLEADER# #forexmarket# #PriceAction# #trading# #CAD/JPY# #ForexEducation#

CADJPY-Looking for a drop but from here or above 92?

1. This is a 4hr TF analysis and will share soon weekly analysis and the path is bearish still once

it completed this correction here.


2. Now the confusion is intermediate wave "5" of iii) was already completed @ 88.30 or yet to

make a new high is the end of wave "5" of iii)?


3. Conclusion is only it has to break the bullish rising channel or if u r aggressive trader enter in

another new high(yet to make) partial and wait and watch for the next wave formation to

confirm.


4. My positional target is ...it has to break the previous low 73.80 in 5 waves for C) wave or in

diagonal...


 DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

From the Day chart, this wave of rising 5 waves starting from 79.28 is now taking the fifth wave, and the fifth wave is still making new highs. There is no obvious trend reversal signal yet, so we still wait for the pullback to go long. Can go long near 90.50 , and put SL at 89.80
nmkvijay
Author
yeah absolutely and i will wait for the 5 waves to complete in the 15 mins chart also not to enter blindly in sell here...

-THE END-