CADJPY 15m Bullish ideas
Current Position: We’re nearing the end of a lower wave 3, based on previous price reaction at key Fibonacci levels (0.886) for 2nd Waves / Running Flat Bs.
Price Action: Good reaction of the middle line of the parallels channels, with bullish impulsive.
Correction Target: Expecting price to correct to key support levels, around 109 and 109.075.
If price drops below 108.473 (previous low), my bearish thesis will be invalidated.
Stay tuned for further updates! 🚨
Price Action: Good reaction of the middle line of the parallels channels, with bullish impulsive.
Correction Target: Expecting price to correct to key support levels, around 109 and 109.075.
If price drops below 108.473 (previous low), my bearish thesis will be invalidated.
Stay tuned for further updates! 🚨
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