CADJPY Potential Buy Setup

FX:CADJPY   Canadian Dollar / Japanese Yen
190 0 15
CADJPY             is moving in a corrective structure into a channel which most likely it represents a B wave after a small rally (A wave). The safest scenario is to wait for a breakout above this channel something that will signal the end of B wave. We should then wait for a buy setup and go long. A more risky but with great risk: reward would be to have a five waves move into the channel and watch for a buy setup at the end of the fifth wave.

I either case i will update if anthing forms.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out