CADJPY, H4 - potential 'Sell' order.
Correction waves are forming and awaiting AC line breakout.
Entry confirmation:
Price is going down further than last recent low, MACD histogram indicating sell, then we aim to enter a 'Sell' order.
TP and SL, major resistance and support zones.
No signs of divergence on higher time-frames, on the daily chart.
PS: Please do your analysis at the same time and trade accordingly.
Correction waves are forming and awaiting AC line breakout.
Entry confirmation:
Price is going down further than last recent low, MACD histogram indicating sell, then we aim to enter a 'Sell' order.
TP and SL, major resistance and support zones.
No signs of divergence on higher time-frames, on the daily chart.
PS: Please do your analysis at the same time and trade accordingly.
Waiting for another possible trading opportunity.