WicktatorFX

CADJPY - The Perfect Breakdown!

FX:CADJPY   Dollar Kanada / Yen Jepang
CADJPY has been one of our favourites. It's been following the Elliott wave schematic perfectly. We posted a SHORT setup in October 2022, which played out perfectly.

We are in a 5 wave impulse and currently on the 4th wave. We have one last move up before we complete the wave 4 ABC correction.

Trade idea:
- Watch for a break up of the current correction
- Target the highs of wave 4, 100.5 (400pips)

See below for our VIP setups on CADJPY.

Goodluck and as always, trade safe!


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