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CAD JPY - 2 POSSIBLE SCENARIOS

Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
thunderpips  
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis CAD jpy CADJPY canadiandollar yen Forex signals waves thunderpips
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trendanalysis chartpattern waveanalysis cad jpy cadjpy canadiandollar yen forex signals waves thunderpips
Hi there. There are 2 possible scenarios on CADJPY.
The first one is wait for the price to reach the SMMA. If price moves correctively, wait and watch strong price action for buy.
The second scenario is possible if price starts to move impulsively to the downside. If that happens wait for the price to form a continuation pattern and watch strong price action for sell.
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