FX:CADJPY   Canadian Dollar/Japanese Yen
45 4 5
Possible to get one more move down to give a 5 wave diagonal structure on the CJ             . Watch for the break. May break out of this to go up now, but looks like one more down is more likely at the moment. Happy Trading!
did not give us the sell - now is breaking out to upside on 1h - waiting for a buy setup - likely next week for more upside now..
snapshot
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CyBriz docholliday
thanks for your reply....can you do wave analysis on s&p500?
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1 hour CADJPY is breaking out....so we wait for the 1hr chart to move sideway and break out again then we buy in right?
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I will be waiting for a flag - some will jump into the moving candles - but then you are more likely to get burned :) -- still hard but still learning patience in my trading to avoid losses this way - happy trading
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