CADJPY Sell - pre-setup for the incoming golden entry

CADJPY has recently bounced to the 3rd wave and touched a major resistance zone, which led to multiple rejections in December 2022. To enter a trade, we need to wait for a 1hr reversal wedge to be broken, providing a golden entry opportunity this week, the final target is aiming the FIB 0.5 zone.
Only take the trade if the pattern has formed, I will make another post if the trade is confirmed.

Comment:

This is a very simple setup only if the conditions have been met, do not rush in.