CAD/JPY - Bullish 5-0
Diupdate
I'm getting ready for the weeks ahead, make sure to keep this on your watch list! Here we have CAD/JPY on a 4h chart with an excellent buying opportunity.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
If we can complete our C point this move will take place in the forthcoming weeks, as always feel free to share any complimentary ideas and leave your opinion on this pair below.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
If we can complete our C point this move will take place in the forthcoming weeks, as always feel free to share any complimentary ideas and leave your opinion on this pair below.
Komentar
Here is additional analysis supporting the completion of our C point, it is one of many possibilities but this is most likely what will happen.Komentar
Price has completed our C point at the minimum 1.618 retracement, I'm expecting a stall out around this level followed by a sell off to 78.750.
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