USDCAD: Let's Get Ready For The 5th Wave Down
After the reached an all-time high near 152 we saw that the correction began.
On one hand, the BOJ is joining the market step by step and on the other hand the U.S
elections and the U.S CPI data pushed the price lower than expected from the market.
However, this was a necessary mover for all the JPY pairs.
Price already created a bearish move after the lower-than-expected U.S CPI data.
Now the price may correct for the 4th wave and we can see the 5th wave down very soon.
Thank you and Good LucK!
After the reached an all-time high near 152 we saw that the correction began.
On one hand, the BOJ is joining the market step by step and on the other hand the U.S
elections and the U.S CPI data pushed the price lower than expected from the market.
However, this was a necessary mover for all the JPY pairs.
Price already created a bearish move after the lower-than-expected U.S CPI data.
Now the price may correct for the 4th wave and we can see the 5th wave down very soon.
Thank you and Good LucK!
Note
I made a mistake in the title description...above is USDJPY😂
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.