Hello Traders! I have analysed this chart for myself I am posting publicly to see your point of view on CADJPY. Post your analysis below.
This Chart is analysed using Fibonacci Retracement putting in ELLIOT wave form. Wave 3 is checked using unique way of moving average with exact point according to analysis. What I figured out is wave 3 will be extended one. So wave 4 will retrace about 0.382% and wave 5 will be equal to wave 1 in size. ABC wave will end above wave 4 because of extended wave 3.
Post your analysis below and hit like if you agree with this analysis.
This Chart is analysed using Fibonacci Retracement putting in ELLIOT wave form. Wave 3 is checked using unique way of moving average with exact point according to analysis. What I figured out is wave 3 will be extended one. So wave 4 will retrace about 0.382% and wave 5 will be equal to wave 1 in size. ABC wave will end above wave 4 because of extended wave 3.
Post your analysis below and hit like if you agree with this analysis.
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