Get started
Paraman666

CAD/JPY - beautiful setup with huge RRR

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Paraman666 Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Wave Analysis Elliott Wave
2
0
trendanalysis waveanalysis elliottwaves
I think, that CAD/JPY finished it´s downtrend corrective cycle. We had two strong legs to the downside, with triangle in the middle, we hit target precisely and we bounced from support nicely. We should see the 3rd, the strongest wave very soon. I have opened LONG recently.
Trade closed: stop reached:
Wow, I don´t really understand, how can such a corrective move to the downside break low, that started with impulse move... stop loss hit.

snapshot
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.