CAD/JPY Technical Analysis Possible Long
Cad yen has created what I call the Setup 1 Pattern.
We can clearly see wave 3 and 4. Wave 4 is a flat boxed region
Target area is clearly visible
Daily Chart is offering a Pullback #Entry Long
Back into the Box highs and then later the 3rd target is the high of June
The daily chart has a nice little pullback within an uptrend.
Daily Chart seems to be in its Wave 5 up
This H4 chart Is in wave 4 ... breakout of the box high will take it into Wave 5
Wave 5 will terminate between 81.10 to 81.80
We can clearly see wave 3 and 4. Wave 4 is a flat boxed region
Target area is clearly visible
Daily Chart is offering a Pullback #Entry Long
Back into the Box highs and then later the 3rd target is the high of June
The daily chart has a nice little pullback within an uptrend.
Daily Chart seems to be in its Wave 5 up
This H4 chart Is in wave 4 ... breakout of the box high will take it into Wave 5
Wave 5 will terminate between 81.10 to 81.80
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.