CAD/JPY: Wave 3 end at trendline, time for retracement?
Seriously overbought, stoch turning down, RSI needs relief too I think.
Trendline hit, might be the end of wave 3 so I expect a retracement is due.
This possible wave 4 has more chance of manifesting as a flat or triangle correction since wave 2 was a sharp zigzag correction.
Long target of previous idea was reached, this was also TP1 of the large weekly bullish bat!
Trendline hit, might be the end of wave 3 so I expect a retracement is due.
This possible wave 4 has more chance of manifesting as a flat or triangle correction since wave 2 was a sharp zigzag correction.
Long target of previous idea was reached, this was also TP1 of the large weekly bullish bat!
