moesalama
Short

UPDATE: CADJPY- waiting for 4th and 5th waves to complete

FX:CADJPY   Canadian Dollar/Japanese Yen
17 0 0
am still thinking of selling this pair, but till time 4th wave is in still in construction.

why is wave 4 important for me at this point?

1. from the last low it creates 5th wave must be in line with wave 1 and its movement shouldn't exceed 65-75 pips.

2. I assume that wave 4 will take more in time than price to complete,

lets wait and see how will wave and 4 and 5 connects

good luck
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