CAD looking better over JPY
The pair in a sym triangle pattern from long. and now has reached the horizontal and trendline resistance zone.
making a head and shoulder pattern at top. expecting a retracement to nearest support/resistance zone also a retracement to .5 - .618 fibo levels.
please sell on the close of this 4 hour candle
making a head and shoulder pattern at top. expecting a retracement to nearest support/resistance zone also a retracement to .5 - .618 fibo levels.
please sell on the close of this 4 hour candle
Note
Target 1 achieved. please update your SL to 81.66
Trade closed: target reached
both the targets were metsell from 81.32 to T1 : 80.67 and T2 : 80.32
100 pips.
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