FX:CADJPY   Canadian Dollar / Japanese Yen
Hi TradingView community! Here's a quick take on CADJPY: My Elliott Wave analysis indicates a buy opportunity. It seems CADJPY has finished its corrective phase and is entering a new bullish impulse wave. I'm thinking of a long position, targeting the previous impulse wave's peak. This aligns with the Elliott Wave principle that the new wave often retraces beyond the previous peak. Remember to use this analysis alongside other indicators and risk management. Curious about your views on CADJPY!
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