CADJPY Short Trade Idea
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
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
Transaction en cours
Lovely opportunity to re-enter CadJpy.
Note
Stop losses moved to break even. Now we watch.
Trade fermée: cible de profit atteinte
Target 1 Hit
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.
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.