Chart is an expectation of market setup via harmonics. Also good to observe that market formed a double top between A and C which is considered a sell signal.
Market already selling from/on target C. You can join the sell to D as there still money to be made.
There may be some retracement up before market gets to D. This will be good for entry to D;
* Chose...
D1 - Price has reached the dynamic resistance.
If we didn’t get a valid breakout here we may then expect the price to respect this trend line and move lower again.
H4 - Special cycle, bearish divergence.
If the price moves lower and breaks below the low shown in the chart, we may then start looking for sells with more bearish evidences.
price in a bearish cycle, according to completion of eliott wave.
looking price tp at 4th wave then rise test resistance before next fall.
if look left price tested area three times. would not be surprised if
price test area on right side 2 to 3 times.
The Canadian Dollar vs. the Japanese Yen. When a trader is unsure about trading the US Dollar, the CADJPY is often determined to be a suitable replacement. However, the historically higher yield of the Canadian dollar in the past has made the CADJPY more sensitive to market wide sentiment changes than the USDJPY. Also, Canada’s large amount of energy exports, most notable oil, causes it to be affected by crude oil prices.
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