Hey Traders,
This is my take on the CADJPY Looking at the 1HR and the 15 Mins timeframes.
Momentum precedes prices! When there's an ongoing primary trend and a completed wave structure, wait for the price to be discounted/pullback.
This discounting in price gives us a piece of important information, we can deduce whether the price will continue the primary trend or the trend will change in the opposite direction. The only tool that gives us this information is the price by counting the wave structure.
As long as the primary trend structural point is intact, the trend is intact and we can trade safely in harmony with the market.
This is not theory, it is practical, but the application is psychological.
CADJPY SHORT KEY LEVELS
Stop Loss:114.88
Target 1: 112.18
Target 2: 110.59
This is my take on the CADJPY Looking at the 1HR and the 15 Mins timeframes.
Momentum precedes prices! When there's an ongoing primary trend and a completed wave structure, wait for the price to be discounted/pullback.
This discounting in price gives us a piece of important information, we can deduce whether the price will continue the primary trend or the trend will change in the opposite direction. The only tool that gives us this information is the price by counting the wave structure.
As long as the primary trend structural point is intact, the trend is intact and we can trade safely in harmony with the market.
This is not theory, it is practical, but the application is psychological.
CADJPY SHORT KEY LEVELS
Stop Loss:114.88
Target 1: 112.18
Target 2: 110.59
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.