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Gorbie
Nov 16, 2016 5:22 PM

CADJPY 

Canadian Dollar/Japanese YenFXCM

Description

Should see pull-back to the end of wave B or 2. The inflection zone is ¥ 77.42—76.27

Comment

Weekly view

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Waiting for a trade

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Should see reaction in the inflection zone

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Still in the wave (4)

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The equal legs in place. Should see turn to new highs

Trade active

Trade active

Buy it.

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Nice reaction here

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Alors, peut être nous avons le triangle (ABCDE)
Comments
ThierryHe
Merci Gorbie!Hope to see your updates frequently.Great trader!
Jahid
wow ........... back in action
Thank's boss
Gorbie
@Jahid, ;-)
Trader_Dale
Thanks for your analysis!
Here is my view on CAD/JPY if you are interested:

Based on Market Profile (volumes) and Price Action there is very strong swing support at 84.261. The market is in a strong uptrend and this is the closest strong support in the way up. If the market makes a trend correction I will go long from there.
In this support zone there are cummulated heavy volumes of big players who drove the price higher - you can see that in the Cummulative volume profile shown on the right sideof the chart.
There are more Market profile swing and intraday analysis at my profile page. You are very welcome there.
Dale
Gorbie
Sure, it can be (84.20—84.35). So, we'll see what happens. Thanks for chart, mate!
Jahid
thanks for update bro
ThatoTumelo
on a weekly thought legs should be equal
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