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pav4ito

CAD/JPY Preparing for a Buy Trade!!

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
pav4ito Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis
1
0
trendanalysis chartpattern waveanalysis
CAD/JPY rejected the trendline and support levels (indicated in chart). It is currently in a corrective wave/pattern. It looks like we are currently in wave 2, expecting to see Wave 3 begin soon.
Trade active:
Buy Trade Open. Correction structure breakout. 1% risk.
Trade closed: stop reached:
Fakeout
Comment:
Not a fakeout, it was a trendline retest.
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