CADJPY is forming a 1-23 correction on the 4HR. I see two possibilities for shorts next week.
1) Price can fall through now making the correction a contracting flat.
2) Price can make the third wave bigger to pass the first wake to make a 1-2-3 flat up to ascending trendline and the for price to fall from there.
1) Price can fall through now making the correction a contracting flat.
2) Price can make the third wave bigger to pass the first wake to make a 1-2-3 flat up to ascending trendline and the for price to fall from there.
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