FX:CADJPY   Canadian Dollar/Japanese Yen
154 2 3
6 months ago
The Yen pairs are setting up for another round of Yen strength and one of the best opportunities will be provided by CADJPY             . I'm looking for a minor consolidation before entering short. Since CADJPY             is in a complex correction on higher time frames we have to keep in mind that what looks like an impulse might not show any follow up. Nevertheless structure looks good for a sell set-up soon. Let's see whether it breaks bearish .
snapshot


www.timstuyts. cm            

www. facebook             .com/timstuyts/
6 months ago
Comment:
snapshot
6 months ago
Comment: I didn't short CADJPY after the break due to price action and the fact that I didn't see a consolidation. However I think there is a possibility that this current consolidation is not over yet. Which will present a better sell opportunity once wave C is in place.

snapshot
glaazie PRO
6 months ago

i had posted 2 months ago that think that cad jpy was in a wave 4 triangle think there is a lot mot downside in it what is your daily view
CADJPY


only the lines didn't play out as i predicted :)
Reply
TimStuyts glaazie
6 months ago
I would not count it as a triangle but I agree with your bias. This looks like a complex corrective combination for a wave 4 kind of consolidation. I will update this pair once things start to move.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out