Wyckoff structure.. Wyckoff structure straight sell. Structure not fully completed but that's my idea on cadjyp
Cadjyp
CADJPY SHORT Analysis Technical Analysis
1. Market broke through the support of the resistance zone
2. Market retested after the breakout
3. Diagonal Head & Shoulder Formed
4. Forming of the 2nd Shoulder at retracement level
Safe Take Profit at 87.640
CADJYP LongLooks like a CADJYP long is lining up nicely.
Reasons;
Rejection on support level 3 times.
Possible pin bar candle forming.
Confirmation on indication of long position.
I want to wait to make sure this candle closes as a pin bar then tomorrow wait for a slight pull back before taking my long position.
