glennmercer

CADJPY Short: EW Count, Completed Expanding Triangle

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glennmercer 已更新   
FX:CADJPY   加元/日元
Hey traders! Looks as though wave-((b)) of the correction has complete and a potential five wave bearish impulse may finalize wave-((c)). It is important to consider, however, that there are in fact multiple alternative wave counts with this type of potentially complex correction. If price powers through the bottom of the pinbar candle, this will be an adequate indication that the next move will be a five wave structure into wave-((c)) and I will take the short. Also, a pivot cluster sits near target which may pull down price toward the ((c)) wave. Happy trading!
交易开始:
Big bearish impulse, trade is active
交易手动结束:
Price reached 1:1, SL moved to B/E and stopped out at B/E. Currently neutral on this pair with a slight bias toward the upside. Cheers!

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