Hello Trader, CAD/JPY 80.660 / 80.112 VS 84.549 / 85.185
We are back at the 4H downtrend (Breaking) and we have multiple possibilities.
Yellow: possible pullback towards 81.524 for a 4th wave within the impulse up for a 5th wave up towards 83.344.
At which point we will look for continuation of the up impulse ( Mangenta / Green ) Breaking 85.185 / 85.549 vs 87.471 / 90.435.
Blue: Possibly finishing the 4th of a bigger structure for one more move down Breaking 80.112 / 80.054 VS 79.834 / 78.459.
We are back at the 4H downtrend (Breaking) and we have multiple possibilities.
Yellow: possible pullback towards 81.524 for a 4th wave within the impulse up for a 5th wave up towards 83.344.
At which point we will look for continuation of the up impulse ( Mangenta / Green ) Breaking 85.185 / 85.549 vs 87.471 / 90.435.
Blue: Possibly finishing the 4th of a bigger structure for one more move down Breaking 80.112 / 80.054 VS 79.834 / 78.459.