CADJPY Short Trade Setup
Hello traders.
It looks like the 4th wave is completed. That's why I'm expecting one more daily down impulse as wave 5. In the meantime, the up move can be a starting of bigger up impulse. In this case we will have correction. So, in any case, there is some potential for downside. I was waiting for the breakout to take a short trade. As you can see it broke. Now, I'm waiting for a small sideways move in 15m. Then I will take the trade. BTW I have an entry order because it can go down directly.
It looks like the 4th wave is completed. That's why I'm expecting one more daily down impulse as wave 5. In the meantime, the up move can be a starting of bigger up impulse. In this case we will have correction. So, in any case, there is some potential for downside. I was waiting for the breakout to take a short trade. As you can see it broke. Now, I'm waiting for a small sideways move in 15m. Then I will take the trade. BTW I have an entry order because it can go down directly.
Transaction en cours
Trade fermée manuellement
at breakeven.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.