CADJPY Wave 5 Buys
Price is trading in bullish momentum, we have wave 5 as the extended wave on the blue degree. Often time wave 3 is the extended wave but in this case its wave 5 but remember wave 3 can never be the shortest wave of all the impulse phases on the impulse pattern.
Related publications
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.