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RamirezFX
May 3, 2020 9:48 PM

Cadjpy Longs 

Canadian Dollar/Japanese YenFXCM

Description

Based on the current structure and the story I see on the weekly and monthly might have this pair at a reversal point. Note we have 2 options with this set up with what is happening in the current triangle. We have bearish and bullish scenarios. At the moment I will lean with longs with upside targets and details in the chart. Or they can go on a liquidity run for stops to the downside. Always adjust to price on a daily basis. Just my bias, feel free to leave your opinions in the comments section.

Trade active

Trade closed: target reached

Wave counts took turn for the best 👌
Comments
jesusmanzueta5
I see a very strong respected trend line so I think it could be a potential bullish reversal 🙏🏻
RamirezFX
@jesusmanzueta5, we got our move, just alot of patience needed.
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