As an initial anticipation, the #CADJPY chart weekly time scale is ongoing to completion a higher degree flat. The B wave of flat is an horizontal neutral triangle where is in e wave. The e wave maybe has been completed in form of a flat with ending diagonal 5-th truncated and another theory is that this flat is the a wave of a bigger flat to completion E wave of neutral triangle. Any guy who trade based on money management this chart in sell position can be good choice. The initial long TP is about 66/00
Commentaire:
Making e of B is underway