All explained in chart.
View chart: Daily.
CAD strong, JPY weak.
Currently 2 legs down on 4 hours chart. Looking for a 3d leg down and and then a V (1 leg up 4 hour) formation on the 4 hour for long entrance.
Potential Profit : 70-80 pips.
View chart: daily: UD strong, Cad weak.
4hr: currently 2 legs up, waiting for a 3d leg and a failure to enter on the quick pullback from leg 1 down, on the 4hr (short).
25+ Pip potential.