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Short

CADJPY: Red Wave C In The Making

FX:CADJPY   Canadian Dollar / Japanese Yen
On the 4h chart of CADJPY             , price is trading in a three wave pattern. It already made one leg down in red wave A and a correction in red wave B. Correction in red wave B is over, as price made a sharp impulsive action to the downside towards red wave C. That said we are expecting more weakness in days ahead.
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Been waiting for this C for so long...Will be interesting if it pans out like this.
+1 Reply
Yes, we will see.
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