FX:CADJPY   Canadian Dollar/Japanese Yen
155 2 3
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/
Comment:
snapshot
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

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
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
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out