CADJPY Analysis

It seems we are mid-way through wave C on the Minor Period?

I've set up 1 position to trade on the breakout of structure.
Wave count seems to be confirmed on MACD together with trend continuation confirmation via SMA, Stochastic and RSI.

My SL will be moved to BE once the 0.50 fibo has been reached.

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NB: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
Please do not trade this chart if you do not have your own strategy. Trade only with your own strategy.
Some very wise words: Plan your trade and trade your plan... and IF in doubt, stay out.

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