UnknownUnicorn9344165

Bullish Wolfe Wave CADJPY

Long
FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
All the prerequisites of a WW are there.
Possible entries are marked in green. The 1.618 + 2.168 FIB level.

The wavereader is in short mode, rightly so, however I think that if it gives us a take profit signal of the short signal, together with the WW we have a good trading opportunity
Trade active
Trade closed: target reached:
Mostly profits taken because of 4h sell signal.
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.