CADJPY Short
Intraday timeframe, no major support/resistance on daily
Wave 1-3 complete, complex pullback in wedge for wave 4 to 1H 50EMA and high test rejection
Strong move on 5M breaking 50EMA
Stop above recent high test on 1H and 50EMA
Target recent low for 1.5:1
Wave 1-3 complete, complex pullback in wedge for wave 4 to 1H 50EMA and high test rejection
Strong move on 5M breaking 50EMA
Stop above recent high test on 1H and 50EMA
Target recent low for 1.5:1
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.