CADJPY Last bit of structure completion?
Updated
Hello everyone:
I am still keeping an eye on CADJPY for the sell.
When we look at the overall structure, we still seeing a larger continuation correction.
Last bit price action is correctively going up to the top of this channel like structure, could see bearish opportunities.
I see either price goes up one more to create a recent double tops, or breakout for this current correction.
Look for strong impulsive move out of the correction for the sell down to the lows of the larger structure and see what the price will do then.
Thank you
I am still keeping an eye on CADJPY for the sell.
When we look at the overall structure, we still seeing a larger continuation correction.
Last bit price action is correctively going up to the top of this channel like structure, could see bearish opportunities.
I see either price goes up one more to create a recent double tops, or breakout for this current correction.
Look for strong impulsive move out of the correction for the sell down to the lows of the larger structure and see what the price will do then.
Thank you
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