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CADJPY Short Trade Idea

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Interesting foramtion provided by CJ. It seems to be forming an expanding ending diagonal to complete the major degree's
wave C. The confluence in this trade idea is driven by the 5 wave impulse structure for an ordinary wave C and the diagonal
pattern which also consists of 5 waves. The reason my target is so far down is that in an expanding wedge, the 5th wave is
usually the strongest of them all. Looking forward to how this trade will play out.

Let me know if you've got any views on CJ for the upcoming week. I would highly appreciate the opportunity to learn from your
works as well.

Targets:
-81.114
-80.970
Dagangan aktif
syot kilat

Lovely opportunity to re-enter CadJpy.
Nota
syot kilat

Stop losses moved to break even. Now we watch.
Dagangan ditutup: sasaran tercapai
syot kilat

Target 1 Hit

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.