I've been watching this for quite a while and it has formed a similar structure as the CADJPY chart I posted a few days ago (link below)
On a weekly chart this is long and now looks like the correction is just about over.
Normally I would wait for a breakout of the corrective structure before opening any positions but this is a daily structure and it should be possible to get long on this while still in the correction.
There is no set up at the moment but I wanted to draw your attention to it so you are prepared.
I'll update my followers once I see a long set up
NOT investment advice just my views
Good luck
Steve
PS anyone who took the CADJPY trade should be smiling today
On a weekly chart this is long and now looks like the correction is just about over.
Normally I would wait for a breakout of the corrective structure before opening any positions but this is a daily structure and it should be possible to get long on this while still in the correction.
There is no set up at the moment but I wanted to draw your attention to it so you are prepared.
I'll update my followers once I see a long set up
NOT investment advice just my views
Good luck
Steve
PS anyone who took the CADJPY trade should be smiling today
Nota
E Wave complete? Look for a nice long set up before getting involved. Nota
On the move up
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Telegram: t.me/logicfxfreetrades
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Penerbitan berkaitan
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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.