CADJPY - The Perfect Breakdown!

984
CADJPY has been one of our favourites. It's been following the Elliott wave schematic perfectly. We posted a SHORT setup in October 2022, which played out perfectly.

We are in a 5 wave impulse and currently on the 4th wave. We have one last move up before we complete the wave 4 ABC correction.

Trade idea:
- Watch for a break up of the current correction
- Target the highs of wave 4, 100.5 (400pips)

See below for our VIP setups on CADJPY.

Goodluck and as always, trade safe!


1.
CADJPY - Top In Place? 🤔


2.
VIP - CADJPY - LONG


3.
VIP - CADJPY - SHORT


4.
VIP - CADJPY - LONG

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.