Hello tarders,
I am looking to short CADJPY.
Weekly we are in correction, this could be a 5 wave structure so to have the chance to sell it once more.I will wait for a flag to confirm the short setup.Hidden divergence in place, it seems that the up move has ended.However, if we finally got a 3 wave corrective structure, which means that we won't get a sell setup so possible break up, i will look for a flag to buy.
Shorting looks more promising.
Take care
I am looking to short CADJPY.
Weekly we are in correction, this could be a 5 wave structure so to have the chance to sell it once more.I will wait for a flag to confirm the short setup.Hidden divergence in place, it seems that the up move has ended.However, if we finally got a 3 wave corrective structure, which means that we won't get a sell setup so possible break up, i will look for a flag to buy.
Shorting looks more promising.
Take care
הערה:
Could consolidate for one more down.
הערה:
Still looking for upside.
