CADJPY has created a channel inside a channel and there is a high probability for one more small move down up to 80.20 or it can breaks to upside from where it is now. As we can see we have three perfect waves almost equal. The big wave i am looking is to upside.
Note
60 min picture
Note
Another observation. 3-equal waves on 240 min channel and 3-equal waves on 60 min channel inside the bigger one.
Note
CADJPY created a double bottom and after that we had the GAP from the French elections new. Now the GAP is almost corrected and price is at 61.8 fib.ret of all move. This is a good place to see for any buy opportunity with SL at the bottom.
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.