CADJPY Sell IdeaW1 - Price respected the range and also bearish divergence has formed.
D1 - Double cycle completed. Final target of the D1 cycle is highlighted. We also have Band to Band duplication.
H4 - Triangular pattern has formed. We can look for a breakout at the bottom of this pattern and then look for sells.
H1 - Another trend line that was already broken.
Conservative entry will require a break below 86.75 first of all.
Doublecycle
Verizon Buy IdeaW1 - Double cycle completed
D1 - Special Cycle (second leg of the weekly cycle) completed
Higher highs on D1 and we can now expect either a flat correction and up move or double wave down and up move
Aggressive - if you want to be more aggressive you can try to scalp buys near the bottom of the potential intraday range. Of course this scalp should come with lower time frame cycle inside the range, divergence and at least a trend line breakout.
Always mind the risk reward.