FX:CADJPY   Canadian Dollar / Japanese Yen
The pair has broken the baseline and the significant level, retested them from the bottom side then started moving to lower lows.

Entry is based on the price retreating to the Kajen San (minor pullback) to ride the wave to the down side.

Tight stop loss as usual at 86.0
Profit target at 80.7, the ultimate bottom of the big downward wave.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.